New prices had not been realized in deals yet, but market sources were optimistic for November.
Fastmarkets’ assessment of the price for steel reinforcing bar (rebar), domestic, delivered Southern Europe
, was €745-760 ($864-882) per tonne on Wednesday, the same as in the previous week.
Starting this week, Italian producers pushed their base rebar prices to €490-500 per tonne ex-works, from €460-470 per tonne last week.
With the addition of extras for 12mm material, this would make the...