In the Italian domestic market medium sized rebar prices are this week in the range of €330-335/mt ($462-469/mt) ex-works, excluding VAT, on actual weight and open account basis. Price levels have increased due to the slight uptrend in scrap prices in this country. Meanwhile, base prices for rebar sales in this market are standing at €100/mt ($140/mt).
€1 = US$1.40126