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03 May
10:34

Italian rebar price drop could spur construction revival

Italian rebar prices have dropped €30/tonne ($31.4) so far this month compared to April. This follows a period of market stagnation and reduced domestic sales last month. Most producers are asking for €870-880/t base ex-works, down from the level of €900/t last month. Buyers and sales executives tell Kallanish they are selling some quantities at €840-860/t base ex-works this week, but sales volumes remain subdued and there is little appetite fo…
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