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Spanish rebar prices are expected to drop below €1,000/tonne ($1,066/t) in the coming days. The market is going down, influenced by recent international movement. However, it will take time for direct customers to feel the price adjustment, since distribution centres and traders are taking advantage of the moment to recover their margins, sources tell Kallanish. “Rebar prices are falling day by day, while distributors maintain stocks at a minimum to av…
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