SOUTHERN EUROPE REBAR: Prices continue to resist producer pressure

The price for rebar produced and delivered in Southern Europe remained flat on Wednesday February 20, with producers still unable to pass on higher raw materials costs - even with the added pressure of exhausted import quotas for Turkish rebar.

Fastmarkets’ weekly price assessment for domestic rebar in Southern Europe stayed at €510-520 ($577-588) per tonne delivered on Wednesday. Producers raised their offers due to higher scrap, iron ore and coking coal costs...

Published

Jethro Wookey

February 20, 2019

17:35 GMT

London