SOUTHERN EUROPE REBAR: Prices largely stable, Italy ticks higher on improved buying interest

The Southern European domestic steel rebar market was quiet with largely stable prices, although a slight uptick in Italian demand pushed prices up, Fastmarkets heard on Wednesday July 28.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe was ?,?760-815 ($897-962) per tonne on Wednesday, compared with ?,?760-810 per tonne one week previously.
Italy
In the week to July 28, Fastmarkets heard of improved demand, attributed to buyers ensuring they have material to last the summer, in contrast with reports of a slow market in the previous week.

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