December 03, 2008

European rebar price up in April

It is reported that although rebar price in Europe in the first quarter fell behind the global market level, they have climbed up quickly since April.
As per reports, rebar price has increased by EUR 100 per tonne from March to early April. The base price in Italy market this week was at EUR 440 to EUR 450 per tonne. Ex work price for medium size was at EUR 655 to EUR 665 per tonne.

And export price steel rebar in Italy was at EUR 640 to EUR 650 per tonne. In Spain, the base price of steel rebar was at EUR 440 to EUR 450 per tonne and the price in Greece was at EUR 680 to EUR 690 per tonne.

(Sourced from YIEH.com)