24
Nov
10:45
Italian rebar prices tick up, demand low
Italian rebar prices are see-sawing against the backdrop of poor demand and steelmakers’ price increases of ten days ago.
Local producers pushed up values by some €70-80/tonne ($72-83) this month compared to October. The buyers who spoke to Kallanish, however, confirm they refused to purchase at increased values and one producer confirmed a new order at €500/t base ex-works.
Contract values are showing a slight uptick, hovering in the range …
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Anonymous
Very good overview of the weekly steel market.
Anonymous