Easter holidays approaching, northern European rebar market remained stable, the buyers are waiting for the April scrap offers. Scrap price negotiations may begin next week, the current price trend is uncertain, so most buyers delay to purchase a large number of orders. Due to weak market demand, it is expected that only scrap prices rising could push rebar price increases.

Currently, the German steel rebar FOB price is 440-450 euros / ton, France rebar FOB price is 420-430 euros / ton.

                                                                 XINSTEEL NEWS