29
Sep
11:16
Italian rebar prices seen sliding in October
The Italian rebar market is beginning to give signs of price decreases for October contracts as domestic demand continues to stagnate. Buyers believe that if values decrease by some €50/tonne ($48), this would stimulate end-user demand, which continues to be sluggish due to high costs.
This week’s contract prices are slightly lower compared to last week, at €670-680/t base ex-works. Contracts have lost last week’s high point of the range at &…
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Anonymous
Very good overview of the weekly steel market.
Anonymous