NORTHERN EUROPE REBAR: Prices unaffected by softer trading

Steel rebar prices in northern Europe edged up in the week to Wednesday July 21 despite a seasonal slowdown in buying activity, sources told Fastmarkets.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe was €890-930 ($1,049-1,096) per tonne on July 21, up from €880-930 per tonne. This marks its highest level since Fastmarkets started to assess the market in February 2006.

The assessment was based on deals, offers and market participants’ estimates of achievable...


Julia Bolotova

July 21, 2021

16:27 GMT