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05 Dec

Italian rebar makers seek more increases

Italian rebar producers are pushing up values again by €50/tonne ($54) on-month following a first round of increases in November. Contract values are also ticking up despite the market continuing to be slow and demand relatively weak. Steelmakers are now asking for between €380-400/t base ex-works, sources tell Kallanish. Transaction prices have reached €320-330/t base ex-works. Including extras, domestic rebar is fetching €580-600/t base ex-wo…
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