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20 Oct
15:34

German rebar mills seen keeping production limited

Amidst the overall economic lull, German rebar mills have reduced their capacity utilisation, to ensure the current order backlog carries them over year-end, Kallanish hears from market sources. “All mills will take their Christmas breaks earlier and have them last longer,” a manager at a distribution group says. He hears that one mill will switch off its EAF in early December already, stop making crude steel and roll the remaining semi-finished stock …
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