31
Jul
10:45
Italian rebar sellers express some optimism, prices stable
Italian domestic rebar contracts remain stable compared to July as some producers have already started August stoppages. However, sources interviewed by Kallanish express optimism over a rebound in the construction sector.
All construction sites have now reopened and are ordering some material. However, buyers are limiting their purchasing volumes.
While producers are now asking for €130-140/tonne base ex-works, orders are being signed at €120/t ($142/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous