Demand for rebar has been decreasing since the end of July. Increasing energy costs and decreasing demand in Europe are affecting rebar prices negatively.
According to the statements made by market officials, rebar prices in Italy and Spain have been stable since last week.
According to the statements that have been made, the average rebar price of the week in Spain is 790/t euros.
In Italy, the average rebar price of the week has been reported as 870-900/t euros.
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