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13 Jul
17:09

German rebar prices remain far above pre-war levels

Rebar prices in Germany still have a long way to fall to reach levels seen before Russia’s invasion of Ukraine when prices exploded. Last week, Marco Sbaraini, chief commercial officer at Italian group Feralpi, said during a webinar that prices are normalising after more than three months of turmoil. While in Italy, rebar indeed appears to have returned to the €800/tonne ($807) ex-works it cost in late February, current German prices are still well abov…
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