SOUTHERN EUROPE REBAR: Domestic prices stable but falls likely amid weak demand

The price for rebar produced and delivered in Southern Europe remained unchanged over the past week amid continued weak demand, market participants told Fastmarkets on Wednesday May 15.

Fastmarkets’ weekly price assessment for domestic rebar in Southern Europe was €500-510 ($561-572) per tonne delivered on Wednesday, unchanged from May 8. But offers were heard at €495 per tonne delivered in Italy on Wednesday, although no deals have so far been heard at this lower price this week. “The price is likely to drop by €5-10 per tonne with weaker scrap prices, but we will know...

Published

Viral Shah

May 15, 2019

16:18 GMT

London