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27 Jan
11:34

Italian rebar prices keep declining

Italian rebar contract prices are losing €10/tonne ($10.8) week-on-week, confirming the downward trend started in mid-January. Customers keep ordering back-to-back and only small volumes, expecting the fall to continue this week. Some producers are beginning to mull increases to stop the slide, market sources tell Kallanish. This week, quotes are at €470-480/t base ex-works, down from last week’s €490-500/t. Including size extras, domestic pri…
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