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.

Another 'Bubble Check' for the gold sector

Gold stocks continue to hit new highs

Some mining stocks exposed to Burkina Faso take major hit

Gold stocks again hit new highs

Gold stocks reach new highs on metal price gain