28
Jan
10:24
Covid-19 uncertainty, scrap decline slow French longs demand
French rebar values are seen falling as imminent scrap price drops suggest a price correction for all domestic long finished products.
The market is now quiet as new contracts will be signed next week for the month of February. Domestic demand has fallen dramatically. Construction companies are putting off investments and new projects. Covid-19-related uncertainty and new restrictions are causing pessimism and slowing sector activity.
Rebar prices are at €32…
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Anonymous
Very good overview of the weekly steel market.
Anonymous