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26 May

Northwest European rebar production throttled to save prices

Demand for rebar in Germany and the Benelux remains critically low, with prices continuing to soften. According to observers, German rebar mills are now reducing their output in order to keep prices from falling further. “Until recently, we foresaw a further fall in prices going forward, but now that mills appear to be taking measures, the outlook could be better,” a manager at a Ruhr-based bending shop tells Kallanish. If a stabilisation is imminent, …
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Christian Koehl  |  Germany
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