Prices for rebar produced and delivered in Southern Europe narrowed downward by ?,?5 per tonne this week with demand and market activity weakening, sources told Metal Bulletin on Wednesday March 21.
"The price has moved down a little due to the very cold weather and weak demand," one Southern European producer source said.Metal Bulletin's weekly domestic price assessment for rebar in Southern Europe narrowed downward to ?,?525-540 ($646-664) per tonne delivered on Wednesday, compared with ?,?525-545 per tonne delivered one week ago."It will be very difficult to pass on the...