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11 Oct
11:36

French rebar activity stagnates

The French rebar market continues to stagnate, with demand weak from both end users and distributors, and the construction sector slowing, sources tell Kallanish. Domestic steelmakers continue to implement stoppages a few days per week and are reported to have relatively high stocks. The production cuts, however, are not easing market overcapacity, as consumption is low and sales are mostly back-to-back, both in the north and south of the country. Production plans…
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