Prices for rebar produced and delivered in Northern Europe have narrowed downward by ?,?5 per tonne over the past week, but prices are expected to remain largely stable over the next few weeks, market sources told Metal Bulletin on Wednesday September 12.
Metal Bulletin's weekly price assessment for domestic rebar in Northern Europe was ?,?560-570 ($654-666) per tonne delivered on September 19, compared with ?,?560-575 per tonne delivered on September 12.Almost no new business was reported to Metal Bulletin, with mills well sold for now, and buyers mostly covered for September and October."There is some activity, but no big volumes are being traded at the...