The local steel rebar price forecast for Italy stood at €685-720 ($740-778) per tonne on Wednesday, down €25-40 from last week to €725-745 per tonne.
Activity in the Spanish rebar market, on the other hand, has been slow.
The price forecast for rebar in Spain was €680-720 per tonne, down €25-45 per tonne from €725-745 per tonne on Wednesday.
The price forecast for steel wire rod for Southern Europe delivery was €620-640 per tonne on Wednesday, down €20-30 per tonne from €640-670 per tonne last week.
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