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03 Oct
10:51

French rebar buyers wait, observe market following increases

The French rebar market continues to stagnate amid low activity, with the exception being some orders from infrastructure projects, Kallanish hears from market participants. After producers increased prices last week, distributors registered a mild increase in orders at old values. Some sources doubt the hikes will stick due to lower consumption downstream, and believe the market is headed for production stoppages. Other sellers foresee a more moderate increase of…
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