09
Nov
08:48
Italian rebar contract values increase amid uncertainty
Italian rebar contract prices are increasing by some €20/tonne ($20). Sources in the market tell Kallanish that steelmakers started by hiking values moderately on Monday but are since asking for a €70-80/t increase compared to October levels. The move is designed to bring to an end the continuous slide in prices seen since last month.
Rebar makers are now all asking for €580/t base ex-works. At the beginning of the week, they were quoting €520-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous