SOUTHERN EUROPE REBAR: Prices flat in Italy but rise in Spain

Rebar prices in the south of Europe widened upwards in the week to July 7, moved by bullish offers from Spanish producers, while the Italian market was generally flat and digesting previous rises, sources told Fastmarkets.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe was ?,?760-830 ($900-983) per tonne on Wednesday, widening from ?,?760-785 per tonne one week previously. 
The assessment was unusually wide due to different situations in the Italian and Spanish markets.
Italy
Trading activity in Italy's rebar market continued to be slow, particularly in the south of the state, with prices largely flat.

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