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01 Jun
10:47

French rebar market stagnation persists

French rebar market stagnation continues amid uncertainty and falling prices. The few recent contracts show a €60-70/tonne ($64-75/t) fall compared to the last week of May, as consumer confidence is fading and the threat of a coming recession is causing buyers to adopt a wait-and-see attitude. Domestic rebar contracts are now hovering at €840-850/t base ex-works, depending on volume. Considering a €260-270/t average for size extras, effective values…
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