The French rebar market remains particularly quiet with sales low and also low shipments. Prices are declining month-on-month by some €20/tonne ($22) and are forecast to continue to fall due to poor demand.
Sentiment in the construction sector is low with a negative outlook for Q3 and longer holidays planned for August. Rebar orders are being carried out only back-to-back and visibility is low with new construction projects not being financed. May was a poor …
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