SteelOrbis has been informed that the local price of medium size rebar in the Italian market is currently at €795-800/mt ex-works on actual weight and open account basis.
The rebar prices in the local Italian market has been hovering at the lower levels compared to the other European markets due to the upcoming holidays in addition to the sluggish local Italian market. Meanwhile, the base prices in this market have this week been at the range of €570-580/mt.