Stagnant demand in local Italian rebar market

Thursday, 01 August 2019 16:37:07 (GMT+3)   |   Brescia
       

Currently, domestic rebar prices in Italy are mostly around €450-460/mt ($495-506/mt) ex-works. Local demand is almost absent due to weak construction activity and the approaching holidays. Meanwhile, rebar sales to the export markets have remained very sluggish in the past few weeks. Nonetheless, Italian producers' offers are still at €450-460/mt ($495-506/mt) FOB.

€1 = $1.10


Most Recent Related Articles

Prices decrease in Italian rebar market

Italian crude steel output collapses in April

Demand in Italian rebar market still weak, exports resume

Local Italian scrap market shows signs of strengthening

Domestic rebar prices in Italy likely to decrease