The price for rebar produced and delivered in Southern Europe was unchanged week on week, with Italian mills continuing their attempts to raise prices before the traditional August holiday period, sources told Fastmarkets on Wednesday July 24.
"We are chasing a demand that is lacking. Buyers are reluctant to place new orders until they have a clear perspective on the price direction," one Southern European mill source said.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), domestic, delivered Southern Europe, was unchanged week on week at ?,?470-485...