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04 Dec
10:25

Italian rebar prices level out despite soaring scrap

Italian rebar prices are stable compared to last week because increases being proposed by producers are taking time to be converted into contracts, Kallanish learns from rebar buyers and sellers. Local producers are asking for a base price of €170-180/tonne ($188-199/t) ex-works. Transaction prices are between €150-160/t base ex-works. The average transaction price including €260/t size extras is now at €410-420/t ex-works, sources …
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