The price for rebar produced and delivered in Northern Europe remained flat on Wednesday January 30 on very little new business, as pressure builds ahead of the European Commission's final proposal for its 2019 import quotas, expected next week.
Fastmarkets' weekly price assessment for domestic rebar in Northern Europe stayed at ?,?530-550 ($606-629) per tonne delivered on Wednesday. The market has been very quiet so far this year, even as the latter part of the fourth quarter last year also saw very little business. It...