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29 Nov
11:02

German road toll weighs on rebar players

Germany is seeing truck toll rates increase from 1 December, which is worrying downstream players in the rebar market, which typically has short-haul delivery routes. According to a manager at a cut-and-bend group, the higher rates will result in the doubling of road fees, which could mean at least €20 ($22) extra for a conventional truck load. The increase is being introduced as a compensation for CO2 emissions, but does not take into account the environment…
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