Rebar prices in Northern Europe hold steady despite limited trading

Steel rebar prices in Northern Europe remained fairly stable, despite slow trading over the past week, but sentiment remained positive, sources told Fastmarkets on Wednesday November 24.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe was unchanged at €820-840 ($922-945) per tonne on November 24.
Trading activity in the region has remained subdued over the past week, with buyers preferred to maintain a wait-and-see stance and holding back from making any bookings in the expectation of lower prices.

Producers, however, have shown no signs of being willing to lower their offer...

Published

Julia Bolotova

November 24, 2021

17:01 GMT

Dnipro