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23 Nov
13:11

French rebar prices remain stable

French buyers are expecting increases in domestic rebar prices of €50/tonne ($56) on average on-month, in line with rising values in other European countries. Because of uncertain demand and low visibility over future scrap prices, producers have been cautious with announcements and rebar values have remained stable in November. This month is seasonally a quiet time for steel sales, with buyers refusing to restock in order to keep a healthy cash flow for the …
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