26
Oct
10:18
Italian rebar prices continue to fall
Italian rebar prices are continuing to decrease this week, losing a further €50/tonne ($50.1) compared to last week, Kallanish notes.
Contracts have lost over €150/t since September due to weak demand from the construction sector. Activity continues to be hampered by uncertainty as buyers are now in a wait-and-see mood, expecting more decreases.
This week, contract values are hovering at €520-550/t base ex-works. Buyers are purchasing only low…
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Anonymous
Very good overview of the weekly steel market.
Anonymous