SOUTHERN EUROPE REBAR: Low end of price range rises again as sellers push offers

November 15, 2018 / www.metalbulletin.com / Article Link

The price for rebar produced and delivered in Southern Europe pushed slowly upward again on Wednesday November 14, with sellers offering higher prices due to high costs but consumers so far unwilling to commit to large-volume deals.

Fastmarkets' weekly price assessment for domestic rebar in Southern Europe narrowed upward to ?,?530-535 ($597-602) per tonne delivered on Wednesday, from ?,?520-535 per tonne delivered a week ago.Sellers were raising offers due to higher production costs,...

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