SOUTHERN EUROPE REBAR: Higher scrap costs keep prices firm despite weak demand

The price of steel rebar in the Southern Europe domestic and export markets has been stable over the past week but firmer scrap costs have raised the pressure on prices, sources said on Wednesday November 20.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe, was €455-465 ($504-515) per tonne on Wednesday, unchanged week on week.

The corresponding...


Cem Turken

November 20, 2019

15:04 GMT