The price for rebar produced and delivered in Southern Europe remained flat on Wednesday February 20, with producers still unable to pass on higher raw materials costs - even with the added pressure of exhausted import quotas for Turkish rebar.
Fastmarkets' weekly price assessment for domestic rebar in Southern Europe stayed at ?,?510-520 ($577-588) per tonne delivered on Wednesday.Producers raised their offers due to higher scrap, iron ore and coking coal costs...