Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe
was €600-615 ($723-741) per tonne on Wednesday, up by €5-10 per tonne from €590-610 last week.
The assessment was based on deals, offers and achievable prices heard by market participants over the assessment week.
Trading activity in Italy’s rebar market has been good over the past seven days, according to sources.
“Buying activity is good this week, but we are starting to...