Markets sources state that rebar prices in the Spanish domestic market are standing at €485-490/mt ($645-652/mt) delivered to customer. Meanwhile, ex-Spain rebar offers have indicated an increase of €10/mt ($13/mt) over the past week to €460-470/mt ($612-625/mt) FOB.
On the other hand, the latest rebar transaction from Spain to Algeria has been concluded at the level of €478/mt ($636/mt) CFR, while market sources state that purchasing activity for Spanish rebar is slack.
€1 = $1.33
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