Northern Europe rebar prices continue to fall amid weak demand

The price of steel rebar in the Northern European domestic market dropped further in the week ended Wednesday June 22, as a result of tumbling scrap prices, weak demand and continued wait-and-see sentiment among customers, Fastmarkets heard.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe, was €950-1,100 ($1,001-1,159) per tonne on Wednesday, down by €65-100 per tonne from €1,050-1,165 per tonne a...

Published

India-Inés Levy

June 22, 2022

17:08 GMT

London