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10 Feb
10:17

Spanish rebar market expects hike after Turkey earthquake

Spanish rebar prices remained static last week despite a recovery in construction demand seen since the begging of 2023, Kallanish learns from local sources. According to one merchant, the Spanish rebar market is anticipating levels to increase in the coming weeks, pushed up by reduced Turkish production resulting from Monday’s earthquake. “Following the absence of Turks in the market, prices soon may move up by €30-40/tonne [$32.09-42.79] for 16m…
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