NORTHERN EUROPE REBAR: Buyers resist producers' attempts to raise prices on higher costs

November 15, 2018 / www.metalbulletin.com / Article Link

The price for rebar produced and delivered in Northern Europe stayed flat on Wednesday November 14, with producers remaining firm on their offer prices despite higher production and raw material costs.

Fastmarkets' weekly price assessment for domestic rebar in Northern Europe stayed at ?,?550-560 ($619-630) per tonne delivered, after rising from ?,?540-560 per tonne two weeks ago.The low end of the rebar price range rose by $10 per tonne on November 7 when producers dug their heels in against low prices, following increases in their own costs."The...

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