02
Nov
10:24
Italian rebar prices plummet
Italian rebar prices are falling by a further €50/tonne ($49) week-on-week. Values have been sliding weekly since October due to low demand and economic recession, Kallanish notes. In total, base values have lost some €200/t ($197) compared to last month.
Activity continues to be hampered by uncertainty, with buyers only purchasing back-to-back. Apparent demand is non-existent. Government infrastructure projects are being put off until all construction i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous