The price level of rebar in the local Italian market is at €515-525/mt delivered to warehouse in northern Italy, on actual weight basis with 60-day open account, excluding VAT, for June shipments.
Italian producers have decreased their prices slightly due to the pressure of local trading firms and import rebar prices. Base prices are at around €330/mt in the local market. Italian rebar offers for North Africa have decreased to around €485/mt FOB in line with the domestic market.