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05 Jul
14:22

EU rebar market returns to pre-war levels: Feralpi

The Italian and European rebar markets seem to be normalising after a very challenging second quarter, Marco Sbaraini, chief commercial officer at Italian group Feralpi, said during a webinar on Tuesday. “We are coming out of a surreal three months. After the start of the conflict in Ukraine, prices surged a lot due to speculation and fear. Then, during the April-June quarter, we saw almost no demand from the market, as buyers decided to wait and use their a…
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