The price level of rebar in the German domestic market is at €710-720/mt ($1,131-1,147/mt) delivered to warehouse on actual weight basis with 90-day deferred payment, excluding VAT.
It is observed that the highest rebar price levels in Europe are to be found in Germany. The German producers, who have been buying scrap at the price level of €400/mt ($637/mt), are raising their rebar prices as well.