NORTHERN EUROPE REBAR: Prices stable on firm scrap costs

The price for steel rebar in the Northern European domestic markets has been stable over the past week following a slight upturn in scrap values, but no significant recovery was expected, sources said on Wednesday October 16.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe, was €460-475 ($507-524) per tonne on Wednesday, unchanged week on week. Ferrous scrap is the primary feedstock for steel rebar production. The price of steel scrap,...

Published

Cem Turken

October 16, 2019

17:35 GMT

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