SteelOrbis has been informed that the prices of medium sized rebar in the local Portuguese market are this week at the level of €395/mt ($525/mt) delivered to customer, excluding VAT, on actual weight basis, indicating a decrease of €20/mt ($26/mt) as compared to last week. End-user demand has continued to move on a slack trend in the Portuguese domestic rebar market.
€1 = US$1.33066