Spanish mills keep domestic and export rebar offers stable

SteelOrbis has learned from market sources that rebar demand in the Spanish domestic market is still low and local mills have maintained their rebar base prices at €285-290/mt ($411-418/mt) ex-works.
 
On the other hand, the rebar export offers of Spanish mills are standing at €510/mt ($736/mt) FOB on actual weight basis, while these producers' offers to the Algerian market have moved up slightly to €535/mt ($772/mt) CFR.
 
 
€1 = $1.443