01
Jul
11:45
French rebar weakens on lower scrap, import competition
Rebar prices in France have lost €10/tonne ($11.3/t) month-on-month in line with declining scrap values and competition from cheaper foreign material, sources in the distribution sector tell Kallanish.
Demand from the construction sector is reliable and stable but scrap prices are exerting downward pressure on domestic rebar prices. Moreover, cheaper Italian rebar is reaching southern France at €20/t less than domestic material, Kallanish he…
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Anonymous
Very good overview of the weekly steel market.
Anonymous