Northern Europe steel rebar prices correct further from March spike

The price of steel rebar in the Northern European domestic market decreased for the third consecutive week, with the market continuing to correct following the spike in March caused by the war in Ukraine, sources told Fastmarkets on Wednesday May 25.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe, was €1,200-1,240 ($1,285-1,328) per tonne on Wednesday, down by €40-45 per tonne week on week.
...

Published

Ross Yeo

May 25, 2022

17:02 GMT

London