03
Nov
11:12
French rebar market stagnates on holiday, uncertainty
French rebar demand is now stagnating after a weak October. November is seasonally a weak month for sales due to the bank and bridge holidays of 1 and 11 November.
Distributors tell Kallanish that sales activity was acceptable in September but noticed slow sales in October, while this and next week are particularly quiet.
Because of uncertainty and the slowing global economy, the construction sector is ordering lower volumes and refusing to commit. Sellers doubt …
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Anonymous
Very good overview of the weekly steel market.
Anonymous