European main rebar makers had to cut rebar price for March production by €30～50/ton from earlier booking level of €380～400/ton due to a combination of sluggish demand, high inventory and few orders.
German and Italian main rebar makers lower their ex work offer to the level of €370/ton, while Bulgarian maker is considering quoting at €350/ton for March production, according to traders. Source: Yieh.com
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Wednesday, February 18, 2009
12:43 |
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