Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe
remained at €650-670 ($775-798) per tonne on April 14, unchanged week on week.
After a splash of buying interest amid restocking in the first half of April, trading activity "went back to sleep," sources said.
Several sources in Germany, the region's flagship market, told Fastmarkets there was still a problem with pre-fabricators accepting higher prices from mills.
"It's the same old story...