Fastmarkets’ weekly price assessment for
steel reinforcing bar (rebar), domestic, delivered Northern Europe, was €475-485 ($523-534) per tonne on Wednesday, unchanged week-on-week.
After decreasing throughout much of the second and third quarters of this year, prices had moved higher in late-October and early-November on higher ferrous scrap costs.
This upturn initially resulted in increased buying as consumers, who had...
