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21 Dec
13:35

German rebar mills go for higher prices

In the last weeks of business this year, Germany’s rebar mills have made another move to lift prices, achieving at least some success so far. The new mark communicated by mills is now at a base price of €400/tonne ($439), which with the size extra of €265 would add up to €665/t delivered. “The lowest offer I heard today was €390,” Kallanish hears from an Austrian source. He cautions that transaction activity remains low, so th…
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