Latest situation in Greek rebar market

Prices in the local Greek rebar market are at €530/mt ($694/mt) delivered, on theoretical weight basis and excluding VAT. The price depends on tonnage size and is for advanced payment.
 
On the other hand, Italian rebar offers to Greece are at €490/mt ($642/mt) CFR, while market sources report that Greek buyers are evaluating the offers, though the price level they expect is €480/mt ($629/mt) CFR.
 
€1 = $1.31