Just like the other local markets in Europe, prices have been on a softening trend in the local German market, with medium sized rebar prices currently at €360-370/mt ($508-522/mt) delivered to customer on actual weight basis for 45-60 day deferred payment. It is possible to hear lower price levels depending on tonnage and customer. Demand is at low levels in this country.
On the other hand, rebar offers given to Germany from mills in Poland are in the range of €340-350/mt ($480-494/mt) DDP - delivered duty paid.
€1= US$1.411