The domestic price for rebar in Brazil increased for the sixth month in a row in December, with limited supply and persistently increasing demand continuing to support this year's price uptrend.
Fastmarkets' price assessment of steel reinforcing bar (rebar), domestic, monthly, delivered Brazil, was 3,800-3,945 Reais ($750-778) per tonne on Friday December 11, a 7.6% increase from 3,515-3,680 Reais per tonne on November 13.