Rebar price in Italian market

Friday, 06 October 2006 10:34:29 (GMT+3)   |  
Italian mills are offering rebar in the local Italian market at Euro 445-450/mt ex-works on actual weight basis with 60-day deferred payment, excluding VAT, for November / December shipments. The price of local rebar offers is Euro 285/mt ex-works plus approximately Euro 160/mt extras. According to reports, the market is reportedly quiet while there is little demand for long products. In addition, exports have slowed down, according to SteelOrbis' correspondent.

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