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07 Jul
11:05

French rebar prices remain elevated despite low demand

The French rebar market remains in a lull with prices that remain high despite their recent drop. Low consumer confidence and the fear of recession continue to hamper sales. Like in June, very small tonnages are being bought from week to week, Kallanish learns from sources. Domestic rebar contracts are now hovering at €730-740/tonne ($744-755/t) base ex-works, some €40/t less compared to June. Considering a €260-270/t average for size extras, effect…
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