09
Aug
14:59
Spanish rebar slips but high construction costs concern
Spanish rebar prices have slipped this week but are still high enough to be hampering construction sector activity, sources observe.
The market saw a price fall of €5/tonne ($6) for 16mm diameter rebar, one trader says. “Most of the construction companies still cannot take on such high prices of long steel to carry on their works. There is a shortage of 12mm and 16mm rebar in Spain and the situation looks like it will last for the rest of the summer per…
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Anonymous
Very good overview of the weekly steel market.
Anonymous