Players in the German rebar market are hoping for an uptick in prices or at least a solid stabilization, but the overall picture remains uncertain. According to a buyer of large tonnages, mills are being "ambitious" by insisting on their quotes. However, at current values, this means little more than base prices of €370-380/tonne ($401-412), which "they ask for, and should be able to get," the buyer adds. Additionally, there is a size extra of €265, delivery charges, and other extras to consider.

Despite the mills' efforts to maintain their price levels, market participants acknowledge that demand remains sluggish, and there is no clear indication of when a recovery might occur. Rebar consumption in the construction sector has been lackluster, and stock levels at distributors and end-users are generally considered sufficient for the time being.

Some market sources suggest that the summer months could bring a slight improvement in demand, potentially providing an opportunity for mills to implement price increases. However, others remain skeptical, citing ongoing economic uncertainties and the potential impact of rising interest rates on construction activity.

Overall, the German rebar market finds itself in a precarious position, with prices remaining weak and the prospect of a significant increase uncertain. Market participants are closely monitoring demand trends and economic indicators, hoping for a positive shift that could revive the market and support higher price levels.