Merchant bar offers have continued to soften in the Italian domestic market. Demand is currently slack, and it is possible to hear various price levels depending on tonnages.
Accordingly, Italian producers' offers for merchant bars of 140 mm and below sizes are at €400-420/mt ($511-537/mt) ex-works, excluding VAT, while 80-200 mm IPE prices are standing in the range of €490-500/mt ($627-639/mt) ex-works, excluding VAT. All prices are on actual weight basis and for 30-day deferred payment.
€1 = US$1.27867