Markets sources state that both local and export
rebar prices in
Spain have remained stable since last week, with offers still standing at €450-460/mt ($621-635/mt) delivered and at €440-450/mt ($607-621/mt) FOB, respectively.
Meanwhile, Spanish
rebar export offers to
Algeria are at €460-470/mt ($635-649/mt) CFR. Transaction activity in the country has remained limited since all eyes are on the presidential election in
Algeria which is taking place today, April 17.
€1 = $1.38