The price for rebar produced and delivered in Southern Europe remained unchanged this week amid quiet market activity, participants told Fastmarkets on Wednesday May 8.
Fastmarkets' weekly price assessment for domestic rebar in Southern Europe was ?,?500-510 ($560-571) per tonne delivered on Wednesday, unchanged from May 1.There was an expectation among participants that the market would be flooded with long steel products, including rebar, from Turkey after July 1, when the current EU safeguarding quotas expire and the next quota period begins.This week, an Italian producer...