16
Oct
11:48
French rebar ticks up
French rebar deal values are increasing slightly compared to the beginning of the month following the price hike move by some European producers.
Buyers confirm that values have hiked by some €20/tonne ($21) and may continue to rise. The contracts implemented however continue to be only for small volumes of one or two truckloads. Consumption from the construction sector remains limited and buyers are refusing to commit to purchases.
One large buyer says the …
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Anonymous
Very good overview of the weekly steel market.
Anonymous