Strong demand for rebar prices in the United Kingdom

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.