Local prices for medium size rebar in the Greek domestic market, which were last week at the level of €370-380/mt ($469-481/mt) delivered to customer, excluding VAT, have this week decreased to the level of €355-365/mt ($450-462/mt) delivered to customer, excluding VAT. The prices in question are on actual weight basis with 90-day deferred payment. While rebar prices have continued their softening, demand has still remained at low levels in the Greek domestic market.
€1 = US$1.26653