Rebar prices decrease in the German domestic market

Friday, 20 March 2009 14:23:05 (GMT+3)   |  
Rebar prices in the German domestic market have decreased by €15/mt as compared to last month. Demand has remained at low levels in this market, while purchases have been concluded just for small tonnages and buyers have been delaying purchases as much as possible. Currently, German mills are offering medium sized rebar to their domestic market at around the level of €315/mt ($431/mt) delivered to customer, excluding VAT, on actual weight basis and for 30-45 day deferred payment.

€1= US$1.36918

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