EUROPE REBAR: Prices stable, activity quiet as market mulls next move

Prices were stable and trading activity was quiet this week in the European domestic rebar markets, with participants waiting to see how prices would develop in February, sources told Fastmarkets on Wednesday January 29.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe, was €490-500 ($540-551) per tonne on Wednesday, unchanged week on week.
Also unchanged week on week was the corresponding weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe, which was €450-485 per tonne on Wednesday.

One producer believed that...

Published

Ross Yeo

January 29, 2020

17:35 GMT

London