Three weeks ago in the local Italian market, a few days before the start of the summer production stoppages, domestic producers' rebar prices were at €445/mt ($587/mt) ex-works. Upon returning from their summer vacations, local producers appear to be positioned at the same price levels. Nevertheless, according to a source polled by SteelOrbis, transactions are still very few and it is difficult to establish a market price.
€1 = $1.32