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14 Nov
12:09

French rebar ticks up in stagnant market

French rebar deal values are ticking up by €10/tonne ($10.7) on-week. However, demand remains stagnant and the distribution sector does not foresee any changes in consumption or prices until the end of the first quarter of next year, Kallanish learns from market sources. Sentiment remains negative. Despite having low stocks, distributors are refusing to commit to higher volumes. While the public construction sector is somewhat supporting the market, the priva…
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