SteelOrbis has been informed that the Spanish rebar producers are offering medium sized rebars to Portugal at the price range of €590-600/mt ($837-852) delivered to warehouse on actual weight basis. No revival has been observed in the local Portugal market, whose local market has been sluggish regarding to demand since early 2008. The delivering period from Spain to Portugal is approx. two or three days.
€1 = US$1.420