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15 Jul
11:40

French longs sellers lament weak July

French rebar prices are stable compared to June but activity this month is concerning sellers of long products, Kallanish notes. Distributors and producers lament that demand is weak after the market recovered last month from stagnation and low orders of May. July is normally a very strong month for longs sales, but orders remain unreliable due to uncertainty and cheap import offers from Italy and Spain. Domestic rebar from distributors remains stable this w…
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