EU rebar exporters raise offers as Algerian import demand picks up

EU rebar sellers have raised their export offer prices over the past week amid stronger demand from Algerian importers, sources told Metal Bulletin.

Metal Bulletin’s export price assessment for Southern European rebar narrowed upwards by €5 per tonne week-on-week to €485-500 ($581-599) per tonne fob main ports on Wednesday September 20, with offers and deals heard from Italy, Spain, and Greece.

Algerian steel product importers resumed rebar buying activity last week,...


Viral Shah

September 21, 2017

14:04 GMT