Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe
, was €610-635 ($741-771) per tonne on Wednesday, widening from €615-630 per tonne last week.
Rebar in Italy was heard traded at €590-600 per tonne ex-works (€625-635 per tonne delivered) over the week, up by just €5 per tonne over the past seven days, sources said.
“The market is still flat but the stocks held by producers are really low. It...