Lackluster demand for Italian rebar

Friday, 10 May 2019 17:43:58 (GMT+3)   |   Brescia

Italian rebar producers' have almost filled their book orders for May and for early days of June, according to market sources. Their offers are now at €470-475/mt ($526-532/mt) FOB levels for exports to Algeria, the US and Canada. Demand is not great, also due to Ramadan, but Italian exporters are receiving some inquiries from Algeria and from the North American market.

€1 = $1.12

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