The price of steel rebar in the domestic market of Northern Europe has been stable over the past week amid subdued trading that is typical for this time of year, sources told Fastmarkets on Wednesday August 14.
Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe, was ?,?500-520 ($560-582) per tonne on Wednesday.The market slowdown in the north of Europe was not as pronounced as in the south, however, and participants said that some trading could be done as early as next week.When trading does pick up, market participants warned that there could be some pressure on...