SOUTHERN EUROPE REBAR: Prices stable, participants watching scrap costs
The price of steel rebar in the Southern European domestic market has been stable this week but participants were closely watching the ferrous scrap markets to see how prices there would develop, Fastmarkets heard on Wednesday October 23.
Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe
, was €445-465 ($496-518) per tonne on Wednesday, unchanged week on week.
Meanwhile, Turkish import scrap prices...