Rebar price levels in Spanish market

SteelOrbis has been informed that Spanish mills are offering rebars to export markets at price levels of €400-420/mt ($563-591/mt) FOB on actual weight basis for January shipment. The price range has this week remained unchanged compared to last week.
 
Meanwhile, Spanish mills are offering rebars for their domestic market at €420-430/mt ($591-605/mt) delivered to customer, excluding VAT, on actual weight basis and for open account payments. It is expected that the price levels will go up after the holidays due to the strong scrap costs.
 
€1 = US$1.40719