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03 Aug

French rebar buyers remain on fence

French rebar activity continues to be sluggish, with no market visibility. Prices are however stable, with sources indicating a slight, €10/tonne ($11) hike compared to mid-July. The market is now on holiday, and very little is forecast to happen until the end of August. However, stocks at distributors and their clients are low, with distributors reporting empty order books. Sales are taking place from day to day, with no longer-term prospects. Customers and …
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Natalia Capra  |  France
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