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10 Jan
16:37

German rebar mills to go for higher prices

Germany’s rebar makers have entered the new year with their production lines well-utilised, and are therefore likely to ask for higher prices than in December, even if few buyers will be booking. Signals for a hike were already heard late last year, when some buyers told Kallanish of new base price offers going towards €600/tonne ($678). Adding the fixed size extra of €265, this comes to €865/t delivered. This would be the logical consequence …
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