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18 Jan
11:19

French rebar market stagnation continues

The French rebar market continues to be hampered by low orders, a general wait-and-see attitude and no appetite for material, Kallanish hears. Despite domestic scrap having increased this month by some €25/tonne ($27) on average in France, rebar prices remain stable compared to December and domestic demand is far from surging as expected after the winter holiday. With a slowing construction sector and higher interest rates, a distributor says that some of hi…
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