Due to the rapid development of the UK construction industry this year, the UK rebar producers also continue to increase rebar prices, rebar prices in February, the UK is only £ 280-300 / t, and now prices have reached 360-380 pounds / ton, up The rate reached 100 pounds/ton. Prices rose by nearly £100/t in June and rose by £15/t per month on average. However, the current market is not weak, but prices have risen to a higher price and prices will fall.
Earlier this month, the UK's short-stream producers raised the price of rebar again. The prices of 12 mm and 32 mm diameter rebars were raised by 10 pounds/tonne, and the prices of 10 mm and 40 mm rebars were raised by 15 pounds/tonne and 20 mm. Rebar prices are raised by £20/t. Current 10 and 12 mm rebar resources are very tight, and British manufacturers can only get through re-rolling, so costs increase and prices rise again.
At present, rebar prices in continental Europe are lower. Spain's rebar is priced at 500-520 euros / ton, while Italy's price is 480-500 euros / ton. At the same time, the price of Turkish rebar exports to Europe also fell to 450-470 euros / ton. However, due to the strong market demand in the UK, Turkey's rebar price in the UK market remained at GBP 370/t.
Earlier this month, the UK's short-stream producers raised the price of rebar again. The prices of 12 mm and 32 mm diameter rebars were raised by 10 pounds/tonne, and the prices of 10 mm and 40 mm rebars were raised by 15 pounds/tonne and 20 mm. Rebar prices are raised by £20/t. Current 10 and 12 mm rebar resources are very tight, and British manufacturers can only get through re-rolling, so costs increase and prices rise again.
At present, rebar prices in continental Europe are lower. Spain's rebar is priced at 500-520 euros / ton, while Italy's price is 480-500 euros / ton. At the same time, the price of Turkish rebar exports to Europe also fell to 450-470 euros / ton. However, due to the strong market demand in the UK, Turkey's rebar price in the UK market remained at GBP 370/t.