Italian rebar producers have stopped sales and are expected to come back to quoting this week. Increases are expected, with the aim of stopping the price slide that occurred throughout May. Domestic values are falling considerably, by some €100/tonne ($107), compared to the values seen at the beginning of last month.
Sources who spoke to Kallanish however believe that demand is too weak to be able to increase prices and, if the hikes are too strong, the marke…
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