SteelOrbis has been informed that local prices for medium size rebar in the Greek domestic market are currently varying in a range of €730-750/mt ex-works ($1,018-1,046/mt), on actual weight basis with 90-day deferred payment, excluding VAT.
The price range in question represents a €40/mt decline compared to last week. The overall market sluggishness is the main reason for the decline.
€1 = US$1,395/mt