The price level of rebar in the local Italian market is at around €500/mt ($730/mt) ex-works, on actual weight basis with 60-day open account, excluding VAT.
The Italian domestic rebar market has not registered any great change from the previous week. The base prices in the local Italian market are at €300/mt ($438/mt). However, producers will increase their extras by €20/mt ($29/mt) as of February. Extras for medium-size rebar will be €215/mt ($314/mt).
On the other hand, Italian export offers are at €500/mt ($730/mt) FOB.