The price for rebar produced and delivered in Northern Europe remained stable over the week ended Wednesday October 24, with sellers confidently predicting higher prices to come in November.
Fastmarkets' weekly price assessment for domestic rebar in Northern Europe stayed at ?,?550-570 ($631-654) per tonne on October 24, but sellers are already submitting higher offers to their customers."We've sent out a lot of offers this week," one seller said. "We'll see if the customers come back or if they want to wait another week."Business is slow...