SOUTHERN EUROPE REBAR: Market flat again but rises expected in February

January 31, 2019 / www.metalbulletin.com / Article Link

The price for rebar produced and delivered in Southern Europe remained stable on Wednesday January 30, with no new deals reported while market participants waited for a final proposal from the European Commission (EC) on its 2019 safeguarding import quotas.

Fastmarkets' weekly price assessment for domestic rebar in Southern Europe stayed at ?,?510-520 ($583-594) per tonne delivered on Wednesday, but suppliers expected higher prices once the new import quota comes into force next month."Generally, prices in other regions are higher than in Europe at the...

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