SteelOrbis has learned from market sources that rebar demand in the Spanish domestic market is still low, while the base price in the local market stands at €275-280/mt ($394-401/mt) ex-works.
After the latest rebound of the US dollar against the euro, Spanish mills' export offers have declined on US dollar basis, approaching Turkish mills' rebar export offer levels. Currently, the rebar export offers of Spanish mills are standing at €505-510/mt ($723-730/mt) FOB on actual weight basis, while these producers' offers to the Algerian market are at €530/mt ($759/mt) CFR.
€1 = $1.433
Spanish mills’ rebar offers
Tags:
Rebar Longs Turkey Algeria Spain Non-EU Countries Europe North Africa Africa European Union Mediterranean Middle East Steelmaking
Marketplace Offers
Deformed Bar
Diameter
6 - 32 mm
ES ISO 6935-2 2019 B500BWR , ASTM A615 GR 60
Tedarikçi
YOTTA TRADING
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