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18 Jul
10:35

Austrian rebar prices register uptick

Amid the overall lull in construction and reinforcing steel markets, some successful attempts at hikes have been reported from Austria. A buyer at one Austrian rebar distribution company tells Kallanish of an order made early last week for which the company paid more than it would have two weeks earlier. This marks the first rebound for rebar prices in months. “We do see some gentle increases,” he says, describing a hike of some €20/tonne ($22) he…
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