The European long steel market continues to display varied price movements, with different regions experiencing distinct trends. In Italy, rebar prices have dropped by approximately €20 per tonne, while wire rod prices have shown slight fluctuations.
Market participants note that demand remains inconsistent, with some sectors benefiting from stable electricity costs and scrap price declines. Meanwhile, export prices from Greece and Spain have adjusted, reflecting shifting trade dynamics.
Industry analysts expect further price stabilization in the coming weeks, depending on scrap market movements and broader economic conditions.
