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02 Feb
12:06

Uncertainty looms over French longs market

French long products prices are seen declining slightly in the coming weeks as consumption in the country remains uncertain. Market sources report back-to-back sales and little restocking. Purchasing groups have bought to replenish stocks but say they are being “prudent”. They are trying to rebuff high sheet and tube prices, in line with coil increases implemented by EU producers, and are not managing to pass increases on downstream. Activity in severa…
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