Spanish producers have been offering Spanish origin 12 mm B500S rebar to the local market at around €790/mt ($1,223/mt) ex-works on actual weight basis with 30-day deferred payment, excluding VAT.
The Spanish producers have increased their base prices in the local market in line with the international price trend. Their base prices were at €470/mt ($727/mt) last week, increasing this week to the level of €550/mt ($851/mt).