15
Jun
11:06
Italian rebar price tumbles
Italian rebar prices continued to decline this week. Contracts lost some €60/tonne ($62/t) base ex-works compared to last week in a stagnating market.
Demand remains weak as buyers only sign contracts for a few hundred tonnes of material, and national construction activity has dramatically slowed in recent weeks due to the past steep price increases of steel, timber, and concrete. However, one source tells Kallanish that the significant rebar price reduction …
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Anonymous
Very good overview of the weekly steel market.
Anonymous