07
Nov
11:01
Italian rebar makers seek increases
Italian rebar producers are increases prices this week by some €30/tonne ($29) on average. Sources in the market tell Kallanish this is a necessary move to stop the falling price trend.
Values have been sliding weekly since October due to low demand and the looming economic recession. They have dropped by some €200/t compared to the beginning of last month.
This week, steelmakers are asking for €520-530/t base ex-works, representing a moderate…
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Anonymous
Very good overview of the weekly steel market.
Anonymous