19
Dec
10:45
Italian rebar ticks up amid slow trade
Italian rebar contracts are increasing by around €50/tonne ($54) on average compared to November but trade is slow and the new, higher levels are putting off buyers.
Those who can wait have decided to adopt a wait-and-see attitude, having enough stock until mid-January. Only small tonnages are being sold at increased prices.
Steelmakers are asking for between €360-390/t base ex-works, sources tell Kallanish. The level of €400/t quoted earlier this…
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Anonymous
Very good overview of the weekly steel market.
Anonymous