Markets sources state that Spanish rebar export offers have declined by €10/mt ($14/mt) over the past week and are now at €440-445/mt ($607-614/mt) FOB.
In addition, Spanish rebar offers for Algeria can be found at €470/mt ($648/mt) CFR, indicating a slight decline. Meanwhile, due to their high inventory levels, buyers in Algeria have been postponing new bookings, causing a further softening in ex-Spain rebar offers.
€1 = $1.38
Spanish rebar export offers
Marketplace Offers
Deformed Bar
Diameter: 6 - 32 mm
Diameter: 6 - 32 mm
ES ISO 6935-2 2019 B500BWR , ASTM A615 GR 60
YOTTA TRADINGSimilar articles
US import long steel prices flat even as US supply-related concerns spur imports
20 Aug | Longs and Billet
US long steel prices stable to up as supply issues with Liberty Steel, Nucor arise
19 Aug | Longs and Billet