11
Jan
14:50
Italian rebar prices flatten
Italian rebar contract prices are flat on-month. Quiet demand and a general wait-and-see attitude is being reported this week. Post-holiday activity restarted on Monday and not many contracts have been signed so far.
Steelmakers are asking for €400/tonne ($438) base ex-works, sources tell Kallanish. This level has however not yet been achieved in transactions. Sources report purchasing limited tonnages this week at €350-360/t base ex-works. A seller repo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous