In the Italian domestic market base prices of rebars are at levels of €170-180/mt ($224-238/mt), while medium sized rebar prices are this week in the range of €380-390/mt ($502-515/mt) ex-works, excluding VAT, on actual weight and open account basis. All prices have remained unchanged since last week.
In general, rebar prices have been on an uptrend due to the rise in scrap prices in recent weeks, whereas demand is still low in this country.
€1 = US$1.32022