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04 Nov
17:03

German rebar price takes deep dive

In a matter of little more than a week, prices by German rebar mills have fallen by a considerable €100/tonne ($99/t), and the momentum may continue, Kallanish hears from market players. The base price would now be at around €600/t, translating to a delivered final domestic price of €865/t. “That’s the word from various mills since the beginning of the week,” one eastern German buyer said on Friday, while indications of the new bo…
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