EUROPE REBAR: Price slide stalled by wait for monthly scrap settlements

The downward price trend in the European domestic steel rebar markets was largely halted this week while participants waited to see where monthly ferrous scrap prices would settle, sources told Fastmarkets on Wednesday February 12.

Fastmarkets’ price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe, was €450-470 ($491-513) per tonne on Wednesday, unchanged week on week.

The corresponding weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern...

Published

Ross Yeo

February 12, 2020

18:02 GMT

London