In the local Spanish market, medium sized rebar offers are currently standing at €370/mt ($517/mt) delivered to customer, excluding VAT, on actual weight basis and for 15-30 day deferred payments. Price levels have remained unchanged as compared to last week and demand is at low levels.
On the export side, ex-Spain rebar price levels are currently at $320-340/mt ($447-475/mt) FOB. Spanish rebar export deals show variation depending on tonnage and customer.
€1 = US$1.3978