Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe
was €440-450 ($524-535) per tonne on Wednesday September 16, widening downward from €445-450 per tonne last week.
In Italy, rebar was traded at €405-415 per tonne ex-works this week. This is equivalent to about €440-450 per tonne delivered, and down by $5 per tonne from the lower end over the past seven days, sources told Fastmarkets. But market participants said only two mills were actually offering rebar at €440 per tonne delivered.