The price for rebar produced and delivered in Southern Europe was flat on Wednesday November 28, with consumers continuing to snub higher offers from producers for material with first-quarter delivery dates.
Fastmarkets' weekly price assessment for domestic rebar in Southern Europe stayed at ?,?530-540 ($600-611) per tonne delivered on Wednesday.While some producers had hoped for a big purchasing round among consumers looking to secure first-quarter volumes, it now appears that there will be little in the way of forward buying. This situation could continue until the European...