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25 Apr
11:42

Italian rebar flattens, market expects increase in May

Italian rebar prices are flat amid a quiet market this week owing to the 25 April and 1 May bank holidays. Several companies in the constriction and steel sectors confirm they are not producing this week. Some will stretch production stoppages to after 1 May, market sources tell Kallanish. In April, rebar makers have tried to increase their prices by around €40/tonne ($42), but the move has not been successful so far. Two mill sources say they will announce …
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