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16 Apr
10:40

Spanish rebar prices fall, short-term demand uncertain

Spanish rebar prices remained on a downtrend this week, while most local mills are still evaluating their production levels and demand after the market reopened. The slowdown of the country's economy due to the Covid-19 pandemic is worrying market participants, they tell Kallanish. Large steel-consuming sectors, such as the construction sector, are not expected to recover in the short term. “The rebar market is not following the rise in scrap…
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