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29 Nov
17:01

Full books could boost German rebar prices

Now that most major German cut-and-benders and distributors have secured their rebar supplies well into 2022, mills are well-utilised for a couple of months, and might charge extra for orders in December. “A buying wave by benders was expected for the first half of November, and it did come,” a western German observer tells Kallanish. He and others largely agree the base price charged and paid for straight rebar in that period was at €550/tonne ($…
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