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24 Sep
11:44

French rebar prices decline under import pressure

After holding steady in the first week of September, French rebar prices are now feeling the impact of declining international values of scrap and other raw materials. Prices are declining steadily every week, also dragged down by competitive import offers from Spanish producers who are offering material at €20-30/tonne ($23-35) less than domestic rebar. Large buyers are adopting a wait-and-see attitude, convinced that values will keep falling. Export activ…
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