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22 Mar
14:37

Spanish rebar market quietens on price drop rumours

Rebar sales by Spanish distributors and service centres remain stalled after the sharp price increase observed at the beginning of March, Kallanish learns from market sources. According to merchants, domestic prices could soon fall by €10-15/tonne ($10.78-16.18/t). “Celsa continues offering material at higher prices than the rest of the market players, backed by the market situation, but other larger Spanish mills are not giving an indication that the…
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