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11 Jun
11:32

French rebar falls on cheap imports

French rebar prices are losing €10/tonne ($11/t) compared to last week as activity slowly returns after a quiet May, local sources tell Kallanish. Large contracts are being negotiated as demand is slowly improving. Prices however are falling due to aggressive import prices from neighbouring countries such as Italy and Spain. Italian rebar-makers are offering material as low as €120/t base ex-works. Buyers pay €40/t transport from Italy and…
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