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Following two downward movements in early and late November, rebar prices in Germany have stopped dwindling, with mills now actually asking for more for the final orders this year. After a big slide of some €100/tonne ($106/t) into November to around €600/t, the base prices did not settle, as many expected, but slid again considerably into December to €550/t and lower. A gentle buying wave kicked in then, which is not unusual as the y…
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