SOUTHERN EUROPE REBAR: Prices stable but market lacks clear direction [CORRECTION]

The price of steel rebar in the Southern Europe domestic market was unchanged this week with buyers and sellers disagreeing on the direction the market should take, sources told Fastmarkets on Wednesday December 4.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe, was €465-480 ($515-532) per tonne on Wednesday, unchanged week-on-week.

Similarly to the Northern European market, sellers believed that prices in Southern Europe should increase...


Ross Yeo

December 05, 2019

09:28 GMT