In the Italian domestic market some mills have made increases to their merchant bar extra prices. Following this adjustment, merchant bar transaction prices have increased by €20/mt as compared to last week. Currently, Italian producers' offers for merchant bars of 140 mm and below sizes are at €400-420/mt ($548-575/mt) ex-works, excluding VAT, on actual weight basis and for 30-day deferred payment.
€1= US$1.36918