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10 Mar
08:35

Spanish rebar corrects from highs, scrap seen following

Spanish rebar producers and scrap suppliers have doubts over the evolution of the market following international movements seen in recent days as well as decelerating local demand. Spanish rebar prices have been volatile in recent days, Kallanish learns from local market sources. After slightly recovering at the end of February, levels have corrected down €10/tonne ($11.8/t) so far this week. Prices nevertheless remain high, affecting purchases and slowing do…
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