Local and export prices in Spanish rebar market

Wednesday, 12 February 2014 13:49:40 (GMT+3)   |   Istanbul
       

Markets sources state that rebar prices in the local Spanish market are currently standing at €455-465/mt ($619-632/mt) delivered, indicating a decrease of €25/mt ($34/mt) over the past two weeks.
 
Meanwhile, Spanish rebar export offers have declined by €10/mt ($14/mt) over the same period and are now at €450-460/mt ($612-626/mt) FOB. Market sources report that demand has remained low in the domestic market, while it is at medium levels on the export side.
 
€1 = $1.36

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