Local Italian rebar market moves down

Thursday, 21 March 2019 14:22:14 (GMT+3)   |   Brescia
       

Due to very weak market conditions, domestic rebar prices in Italy have recorded a decrease compared to seven days ago. While prices were mostly at €490/mt ex-works last week, now they are at €480-485/mt ($547-553/mt) ex-works, though most transactions have been concluded at prices at the lower end of the range.

Meanwhile, the export market remains more dynamic, with Italian producers' offers at €480/mt ($547/mt) FOB for exports by sea.

€1 = $1.14


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