According to market sources, this week Italian rebar producers have concluded sales to Algeria at the price level of €315/mt ($340/mt) FOB (equivalent to about €345/mt ($373/mt) CFR). At the same time, some Italian producers' offers are at €320/mt ($346/mt) FOB, with the aim of consolidating the €315/mt ($340/mt) FOB level. Meanwhile, rebar demand has increased in the Algerian market. Holding the view that prices have bottomed out, importers now seem more willing to accept price increases from Italian producers.
€1 = $1.08
Ex-Italy rebar deals in Algeria
Marketplace Offers
Deformed Bar
Diameter
6 - 32 mm
ES ISO 6935-2 2019 B500BWR , ASTM A615 GR 60
Tedarikçi
YOTTA TRADING