The European long products market declined due to the end of seasonal production shutdowns

Domestic long products prices in Europe remained mostly stable during the week to Wednesday, August 27, although domestic rebar prices in Italy adjusted upward as market participants gradually returned from the summer holidays and factories resumed production throughout the region. "Customers are starting to come back, check stocks, discuss new orders," a sales source told Fastmarkets. Market participants ,

They described the market situation as generally restrained, demand throughout the region remains limited, and only a small number of transactions were registered during the evaluation week.

"The market has only opened this week, and so far it is working a little quieter and slower than usual," a buyer's source told Fastmarkets.

In Italy, prices for fittings from the factory were estimated at 690-760 euros (805-887 dollars) per ton. The deals were priced at 690-750 euros per tonne from the factory, with smaller batches being sold at the top of the range, at 730 euros per tonne in northern Italy and 750 euros per tonne in southern Italy. Weekly price assessment for rebar steel products produced by the company

Fastmarkets, on the domestic market, on exw terms in Italy, on Wednesday, August 27, the price was adjusted upward to 690-750 euros per ton. Weekly price assessment for rebar steel rods supplied to Spain, according to

Fastmarkets remained unchanged on the same day and amounted to 750 euros per ton.

While the acceptable price level for rebar in Northern Europe was 710-730 euros per ton. A ton of cargo has been delivered. Weekly price assessment

Fastmarkets prices for rebar steel rods supplied to the domestic market in Northern Europe remained unchanged at 710-730 euros per ton as of August 27.

For wire rod of mesh quality in Southern Europe at the level of 660-680 euros per ton supplied to the domestic market.

Fastmarkets assessed weekly prices for steel wire rod (mesh quality), domestic, supplied to Southern Europe, as of August 27, has not changed and amounted to 660-680 euros per ton.

In Northern Europe, prices for wire rod of mesh quality were at the level of 705-715 euros per ton. A ton with delivery. Weekly price assessment

Fastmarkets prices for steel wire rod (mesh quality), domestic, supplied to Northern Europe, did not change on the same day and amounted to 705-715 euros per ton.

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, Author: Niya Radenkova,