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08 Nov

Spanish rebar falls, scrap market awaits correction

Spanish rebar and scrap markets seem to be livening up ahead of year-end. The recent reduction in energy prices is beginning to translate into a recovery in the construction and manufacturing sectors. However, steelmakers are not seen as optimistic about being able to bring production back to pre-summer levels. “The uncertain economic scenario does not seem to ease the situation when it comes to production recovery," a market participant tells Kallanish…
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Todor Kirkov  |  Bulgaria
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