NORTHERN EUROPE REBAR: Prices narrow upward as higher scrap costs bite

The price range for steel rebar in the Northern European domestic market narrowed upward this week with higher ferrous scrap costs in October beginning to be reflected, sources told Fastmarkets on Wednesday November 6.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe, was €465-475 ($517-527) per tonne on November 6, up by €10 per tonne on the low side. Mills have begun increasing their offers although in most cases this has not resulted in rebar...

Published

Ross Yeo

November 06, 2019

18:42 GMT

London