In the Italian domestic market local mills' medium sized rebar prices are around €380/mt ($555/mt) ex-works, excluding VAT, on actual weight and open account basis. Meanwhile, Italian mills are offering rebar for export at around the level of €370/mt ($541/mt) FOB. Currently it is possible to hear various price levels in the Italian domestic and export rebar markets. In particular the €/$ exchange rate can be effective in offers given for export.
€1 = US$1.46130
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