Spanish rebar prices continue to rise, with levels gradually hiking by €15-20/tonne ($16.18-21.59) since the beginning of 2025. The recovery has been supported by increased demand in the construction sector, which is optimistic now at the start of the high season, sources tell Kallanish.
“Construction activity is resuming in Spain, with most private house building projects having started. The level of demand in the public sector is also higher. Increased activity is observed in the Valencia area, where recovery funds are already being used in the wake of the DANA [last October], Europe’s most catastrophic flood since 1967,” a market participant says.
The Spanish government is also prioritising large-scale infrastructure projects and works in the renewable energy sector, the source observes.
According to one distributor, rebar prices will remain stable in the coming weeks. “It is normal, at this time of the year, that purchases for small buildings improve. The end consumer is realising the market will not change much in March. April mill prices, however, will be subject to the current increase in scrap values,” he adds.
The monthly index for Spanish domestic rebar prices in February increased compared to the previous month, data published by the Spanish Chamber of Commerce show. The index stood at 190.51, up 1.34% on January. It was also up by 10.41% year-on-year. The index is based on a value of 100 in 2014.
16mm rebar is currently offered in Spain at €360-368/t ($353.3-360.5/t) ex-works base. An additional €262/t for size extras and loading expenses sees transaction values at €622-630/t delivered.
Todor Kirkov Bulgaria
