Italian rebar demand is slowing as buyers and end-users are struggling to keep up with the €100/tonne ($112) month-on-month increases implemented by producers this month.
Market participants doubt that the high levels asked by steelmakers of €580-590/t base ex-works, can be sustained next month. Some public construction projects are implementing a price review policy while the private residential sector keeps putting off new projects because of all the r…
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