It is observed that demand for Greek rebar in the international markets has failed to improve over the past week and is still at low levels. While Greek rebar export prices have remained stable at €500-510/mt ($565-576/mt) FOB in the given week, no new deal at these price levels have been heard in the market. Market sources report rumors of a possible increase in Greek rebar export prices in the short term due to higher global scrap quotations.
€1 = $1.13