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15 May

German rebar prices remain weak, increase opportunity uncertain

Players on the German rebar market are hoping for an uptick in prices, or at least a solid stabilisation, but the overall picture remains uncertain. According to one buyer of large tonnages, mills are being “ambitious” by insisting on their quotes. But, at current values, that means little more than base prices of €370-380/tonne ($401-412), which “they ask for, and should be able to get”, he adds. Plus the size extra of €265, deli…
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