SOUTHERN EUROPE REBAR: Prices slip as some sellers accept lower deals

November 01, 2018 / www.metalbulletin.com / Article Link

The price for rebar produced and delivered in Southern Europe fell slightly on Wednesday October 31, with some suppliers accepting lower bids to make sales but most only offering higher prices.

Fastmarkets' weekly price assessment for domestic rebar in Southern Europe fell to ?,?510-535 ($579-608) per tonne delivered on Wednesday, from ?,?520-545 per tonne last week.Producers have been raising their offer prices for November business over recent weeks, citing high raw material costs. But buyers have not been under pressure...

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