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05 Jul
14:50

Spanish rebar market set to recover

The Spanish rebar market is anticipating a price recovery in the second week of July. This follows a lowering of prices since the beginning of the summer period due to a deceleration in scrap demand in the international market. Current prices are likely to move up by some €20/tonne ($22.4/t) and return to May levels, Kallanish learns from market sources. “Large producers are expecting new orders from the private housebuilding sector and the …
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