18
Jan
11:12
Italian rebar prices decline
Italian rebar prices are beginning to fall after demand failed to resume as hoped following the winter holiday break. The market remains quiet, with few contracts being agreed and always for small volumes, market sources tell Kallanish.
Last week, mills were asking for €560/tonne ($607) base ex-works or €580/t base delivered but encountered stubborn resistance from buyers who adopted a wait-and-see attitude.
Distributors who spoke to Kallanish, however,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous