SOUTHERN EUROPE REBAR: Prices keep sliding; buyers hold back

Steel rebar prices in Southern Europe slipped again during the week to Wednesday September 15 amid slow trading activity and a downturn in scrap prices, sources told Fastmarkets.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe was ?,?745-775 ($880-916) per tonne on Wednesday, down by ?,?15 per tonne from ?,?760-790 per tonne last week.
Italy
In Italy, both offer and deals prices for steel rebar slid during the week, tracking the weakness in scrap markets, a key raw material.
In September, steel scrap prices in Italy lost ?,?20-40 per tonne month on month across various grades.

Smaller juniors still financed even in more cautious market

Gold stocks shrug off equity market decline on metal gain

Geopolitical risk outlook unclear after US election

Low valuations offer a cushion to mining sector

Polarized gold and iron ore moves, moderate aluminum and copper gains