The price level of rebar in the local Italian market is at around €415-420/mt ($588-595/mt) delivered to warehouse in northern Italy, on actual weight basis with 60-day open account, excluding VAT.
The Italian domestic rebar market is still getting sluggish. The base price even low as €210/mt ($297/mt) can be seen in the market at present.
The price level of export offers is at €410/mt ($581/mt) FOB at the moment. However, the buyers' expectations are in the direction of lower prices. So, it would be difficult to say that there is much demand for the price levels mentioned above.