Italian rebar producers fully booked until late February

Friday, 08 February 2019 17:01:56 (GMT+3)   |   Brescia
       

According to market sources, Italian rebar producers have sold good volumes to the export markets, namely the US, Canada and Algeria, and are fully booked until the end of February. Sales were made in January at prices in the range of €450-460/mt ($509-520/mt) FOB, while lately some Italian exporters have lifted their offers to €460-470/mt ($520-531/mt) levels. The resumption of sales to Algeria after a long period of muted activity in 2018 is attributed to the fact that the main domestic producer is not offering certain diameters.

€1 = $1.13

 


Most Recent Related Articles

Italian rebar producers attempt new price increase

Italian rebar producers raise prices on the back of better demand

Rebar prices inch up in Italian domestic market, wire rod prices down

Italian rebar producers try to reverse downturn in prices

Slight increase in Italian rebar prices