The price for rebar produced and delivered in Southern Europe has fallen by ?,?5-30 per tonne over the past week due to softer demand, market participants told Fastmarkets on Wednesday April 3.
Fastmarkets' weekly price assessment for domestic rebar in Southern Europe fell to ?,?485-515 ($543-577) per tonne delivered on Wednesday, down from ?,?515-520 per tonne delivered on March 27."The Spanish market is weak in price terms but consumption is improving. European mills have been more aggressive [price-wise] so there has...