As SteelOrbis has heard from market insiders, rebar offers from Spain to the Portuguese domestic market have remained unchanged as compared to last week and are still at the level of €545/mt ($687/mt) for delivery to customer, on actual weight basis and for 60-day deferred payments. Demand in the Portuguese domestic market has remained stagnant, and this situation is expected to continue in line with the debt crisis in the euro zone.
€1 = $ 1.26