07
Jun
11:35
Italian rebar continues to decline in market stagnation
Italian rebar prices are seen falling to the level of €600/tonne ($640/t) base ex-works by mid-June as values continue to slide caused by a deep market stagnation.
Most producers are now asking for €740-750/tonne base ex-works, but are ready to negotiate when some larger tonnages are at stake. Some buyers tell Kallanish they are purchasing this week at €650/t base ex-works for larger volumes and €730/t for very small orders. Including size extr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous