Is long steel products revival on the cards in Europe- 25 Apr 11

Merchant bars have reached EUR 250 per tonne basis EXW, while De-bars are resisting at EUR 500 per tonne effective EXW.
It is learnt that sizeable quantity OF De- bars has been booked in Algeria at EUR 450 per tonne effective EXW or EUR 500 per tonne CFR FO.