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20 Sep
12:28

Italian rebar prices weaken

Italian rebar prices are beginning to fall in some contracts by some €40/tonne ($40.1/t) compared to last week. According to sources the current high prices of rebar, mesh, and all other long products in Europe are unsustainable, and the wave of increases announced in September has had the effect of slowing activity and the construction sector in Italy. Distributors tell Kallanish that, after the August holiday break, some private residential constructio…
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