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30 Nov
12:48

Italian rebar makers seek increases

Italian rebar producers are pushing up values by €30/tonne ($32) and some have stopped sales. Values are flat this week in transactions compared to last week. The increases are in line with scrap prices rising significantly on the domestic market and processing costs being elevated. Some steelmakers are now asking for between €350-360/t base ex-works, sources tell Kallanish. Transaction prices for relatively small volumes have reached €320/t base ex…
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