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12 Sep
11:29

Italian rebar prices tumble

Italian rebar prices are falling in a market racked by uncertainty, buyers and agents in Italy tell Kallanish. Rebar prices are losing €20/tonne ($22/t) month-on-month as market uncertainty is slowing activity. Declining scrap values are also dragging down prices for domestic long products, sources say. This week transactions prices for rebar are at €170/t base ex-works. Buyers in the south of the country pay €25-30/t on top of this f…
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