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Players in the rebar markets of Germany and Austria are taking an extremely reserved attitude when it comes to making mid-term forecasts, and tend to expect unusually low business activity in autumn. The Covid-19 crisis hardly harmed the construction sector and the steels demanded by it. Problems however became visible a year ago when energy costs surged, followed by their exacerbation by the Ukraine war. On top of that, observers point to a strong slowdown in hom…
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