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13 May
09:51

German rebar market holds breath amid international correction

Activity in the German rebar market has subsided to the point that mills have stopped giving offer prices, Kallanish hears from observers. “There is no daily price at the moment, you’d have to negotiate individually,” a manager of a distributor group says. This situation is mainly the result of the wide gap to prices in other countries, and the downturn in scrap prices. “The sentiment now, on Friday 13th, is that everybody holds still, and …
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