According to market sources, Spanish
rebar offers to the export markets have declined by €5/mt ($6/mt) over the past week to €375-380/mt ($416-422/mt) FOB. Market sources state that volume discounts are available on current
rebar price levels, while export volumes have declined due to the traditionally slow summer season, though exporters are more hopeful for September sales.
Meanwhile, Italian
rebar offers to the export markets have also declined by €5/mt ($6/mt) in the same period, decreasing to €375-380/mt ($416-422/mt) FOB.
€1 = $1.11