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29 Jun
16:10

Northwest European rebar prices to soften further

The dive in rebar prices in Germany and the Benelux that came much later than elsewhere in Europe will continue, observers are sure. “We don’t think that the journey down is over, given that scrap prices remain under pressure and buying activity has slowed down,” a German manager tells Kallanish. Moreover, the drop in prices is causing buyers to be cautious, he notes. “Hence, mills are getting nervous and could reduce their prices stro…
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