Demand stagnates in Italy’s rebar market

Wednesday, 10 June 2009 15:45:09 (GMT+3)   |  
In the Italian domestic market medium sized rebar prices are this week in the range of €320-330/mt ($451-466/mt) ex-works, excluding VAT, on actual weight and open account basis. Meanwhile, base prices for rebar sales in this market are standing at €90-100/mt ($127-141/mt), while overall demand appears to be stagnant.

On the other hand, Italian rebar export price levels have not shown any change as compared to last week, and are still standing at €320/mt ($451/mt) FOB.

€1 = US$1.41077

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