According to market sources, Italian rebar producers are currently giving offers to the export markets at €485-490/mt ($601-608/mt) FOB by sea (West Africa is among the destinations) and at €500/mt ($620/mt) ex-works for deliveries by truck (to countries such as Romania and Polonia). Demand is still absent in the main Italian export market, i.e., Algeria, where local buyers still prefer to buy from domestic producers.
€1 = $1.24