Prices for rebar produced and delivered in Northern Europe widened upward by ?,?15 per tonne over the past week after mills began to push through price rises for July, sources told Metal Bulletin on Wednesday July 4.
Metal Bulletin's weekly price assessment for domestic rebar in Northern Europe was ?,?535-560 ($623-652) per tonne delivered on Wednesday, up from ?,?535-545 per tonne delivered on June 27. "End users have to buy as they have construction projects to complete so demand is quite strong," one trader in the region said. "German mills are basically fully booked for July and August -...