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European mills dismiss Algerian bids for rebar exports
July 16, 2014 - 16:30 GMT
wire rod exports
wire rod prices
Trading in the Southern European rebar export market continued at a standstill as opportunistic bids from Algeria were ignored, sources told Metal Bulletin sister title Steel First on Wednesday July 16.
Rebar bids from Algeria were heard at €405-410
($551-558) per tonne fob main Southern European ports
– €15 ($20) per tonne below the previous trading
level – which mills have refused to accept. Algerian
appetite for European rebar is...
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