SOUTHERN EUROPE REBAR: Domestic prices down on weaker demand

The price for rebar produced and delivered in Southern Europe has fallen by €5-30 per tonne over the past week due to softer demand, market participants told Fastmarkets on Wednesday April 3.

Fastmarkets’ weekly price assessment for domestic rebar in Southern Europe fell to €485-515 ($543-577) per tonne delivered on Wednesday, down from €515-520 per tonne delivered on March 27. “The Spanish market is weak in price terms but consumption is improving. European mills have been more aggressive [price-wise] so there has...

Published

Viral Shah

April 03, 2019

18:34 GMT

London