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Spanish rebar prices rose last week. The domestic market was quick to react to increased offers of long products, after most major mills declared they were producing at record energy costs, Kallanish notes. The increase has serious repercussions on construction sector activity, market participants observe. The market has seen a price increase of around €180/tonne ($180) for 16mm diameter rebar in the last two weeks, one trader says. “The situation is un…
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