04
May
12:35
French rebar deadlock deepens
Quiet rebar market activity and a frustratingly low volume of orders are persisting in Europe, with the French market no exception.
Activity is slowing further for both domestic sales and exports to other European countries. Consumption seems to have frozen and new construction projects are either being postponed, slowed down or not being financed.
The market rule at present is to buy back-to-back or just hold off purchases due to uncertainty and low visibility. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous