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16 Jun
12:51

Spanish rebar market sees prices drop, demand uncertain

Spanish rebar prices have fallen and levels are not seen improving soon, market sources tell Kallanish. “The higher offers seen in the second week of June did not last long,” says a local trader. “After the price rebound, we expected to have a more predictable and stable market, but this did not materialise. On the contrary, prices dropped by €50/tonne [$54.8] on Friday.” According to another market participant, current prices could …
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