EUROPE REBAR: Post-holiday prices stable as market waits for scrap cost moves

The price of steel rebar in Europe was unchanged this week with the market beginning to emerge from the Christmas and New Year holiday period, Fastmarkets heard on Wednesday January 8.

Market participants were keeping a close eye on ferrous scrap prices, which have been largely flat since mid-December, for clues about how rebar prices will move next.

Yet some producers said that they were targeting price increases because gains in the ferrous...


Ross Yeo

January 08, 2020

16:55 GMT