Steel rebar prices in northern Europe edged up in the week to Wednesday July 21 despite a seasonal slowdown in buying activity, sources told Fastmarkets.
Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Northern Europe was ?,?890-930 ($1,049-1,096) per tonne on July 21, up from ?,?880-930 per tonne. This marks its highest level since Fastmarkets started to assess the market in February 2006.The assessment was based on deals, offers and market participants' estimates of achievable...