The price level of rebar in the local Italian market is at around €465-475/mt ($625-638/mt) delivered to warehouse in northern Italy, on actual weight basis with 60-day open account, excluding VAT.
Italian domestic rebar prices have indicated a further decline this week. Although the base prices are at €290/mt ($389/mt), it is possible to find prices at €270-280/mt ($362-376/mt).