Italian rebar market

SteelOrbis has been informed that Italian mills are offering rebars for export in a price range of Euro 405-410/ton FOB for May shipments. On the other hand, price level of rebars in the local Italian market is at Euro 410-415/ton ex-works for May shipments. With the rise in Euro/US Dollar exchange rate, offers given from Ukraine for Algeria seem to be more advantageous despite the duty. Italian mills mostly focus on other EU countries and local market. The fact that work days in April will be 16 days due to holidays may have a negative impact on the Italian market.