SteelOrbis has been informed that the local price of medium size rebar in the Italian market is currently at €800/mt ($1,270/mt) ex-works on actual weight and open account basis. The base prices for rebar in the Italian domestic market vary in a range of €590-600/mt ($937-953/mt), indicating no change compared to last week.
Meanwhile, the rebar export price, which has registered a decrease of €10/mt ($16/mt) compared to last week, is this week in the range of €790-800/mt ($1,253-1,271/mt) FOB Italy.