SOUTHERN EUROPE REBAR: Prices decline again, bottom near

Steel rebar prices in Southern Europe slid again on slow buying and a scrap price downturn, with sources expecting a rebound in March, Fastmarkets was told on Wednesday February 17.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe was €590-605 ($716-734) per tonne on Wednesday, down by €5-10 from €595-615 per tonne last week.
Italy’s rebar market has remained quiet during the assessment week, with buyers shunning big purchases in expectation of further price decreases.



Julia Bolotova

February 17, 2021

16:00 GMT