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05 Jan
11:43

French rebar prices to increase again

French rebar activity has been quiet since the market resumed work after the Christmas holiday break. Asking prices for rebar, however, increased once again before the holiday shutdown. Quotes are now at €360/tonne ($441) delivered, or €300-320/t base ex-works. This was the latest in a series of increases in December following the domestic scrap price rally. Scrap levels in France and the Benelux skyrocketed by €40-50/t on-month in December and are …
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