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26 Jan

French rebar sales continue to stagnate

Stagnation continues to hover over the French rebar market. Sources in the sector are reporting a weak level of new order intake and a continued destocking process throughout January, Kallanish hears. Sales are being implemented for low quantities and mostly back-to-back. Construction companies’ confidence is deteriorating due to the uncertain economy and reduction in mortgage lending by banks. Distributors say orders were strong in December, and they are be…
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