Italian rebar prices are falling further in this week’s contracts, by €20/tonne ($21.3) on average compared to last week, due to the continued standoff in the Italian steel market.
Most producers are now asking for €810-820/tonne base ex-works, down from €850-860/t ten days ago. Buyers tell Kallanish they are purchasing small volumes at €800-820/t base ex-works this week.
Producers continue to sell some volumes on the export marke…
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