SOUTHERN EUROPE REBAR: High costs, low demand keeps rebar market shackled

The price for rebar produced and delivered in Southern Europe remained flat on Wednesday February 27, with “indications” of better prices to come being the best that producers can report amid disappointing demand.

Fastmarkets’ weekly price assessment for domestic rebar in Southern Europe was at €510-520 ($580-591) per tonne delivered, flat week on week on Wednesday. Producers have raised their offers in recent weeks due to higher scrap, iron ore and coking coal...

Published

Jethro Wookey

February 27, 2019

15:40 GMT

London

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