Spanish mills have been offering medium sized rebar to their domestic market in a price range of €330-340/mt ($421-434/mt) delivered to customer, excluding VAT, on actual weight basis and for 15-30 day deferred payment. It is observed that the base prices of rebars in the Spanish domestic market are currently standing at levels of €100-105/mt ($127-134/mt), while end-user demand has been continuing on a slack trend
€1 = US$1.27530