Spanish rebar export offers

Friday, 28 February 2014 17:26:36 (GMT+3)   |   Istanbul
       

Markets sources state that Spanish rebar export offers have declined by €10/mt ($14/mt) over the past week and are now at €440-445/mt ($607-614/mt) FOB.
 
In addition, Spanish rebar offers for Algeria can be found at €470/mt ($648/mt) CFR, indicating a slight decline. Meanwhile, due to their high inventory levels, buyers in Algeria have been postponing new bookings, causing a further softening in ex-Spain rebar offers.
 
€1 = $1.38

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