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23 Nov
09:55

Spanish rebar prices rebound slightly, demand remains sluggish

The Spanish rebar market has seen a price recovery, although selling values remain weaker than those observed in the last week of October. Demand for long products continues to stagnate and construction activity is unlikely to rebound before the end of the year, Kallanish understands. “Demand growth at the beginning of November did not materialise in the way that was expected,” a market participant comments. “The steel consumption chain misinterp…
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