Decline continues in Spanish rebar market

Domestic rebar prices in Spain are at €485-490/mt ($635-642/mt) for deliveries to customer, while rebar export offers stand at €455-460/mt ($596-603/mt) FOB, with both domestic and export quotations decreasing by €5-10/mt ($7-13/mt) since last week. Meanwhile, demand has remained weak both at home and abroad, and sources believe that this weak demand situation will likely continue for a while.
 
€1 = $1.31