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23 May

Spanish rebar market weakens on slow demand

Spanish rebar prices have fallen and levels are not seen improving until the beginning of June, market sources tell Kallanish. Higher offers tabled by large Turkish mills two weeks ago did not last and had no impact in Spain, as was expected. "It is difficult to predict the market at the moment,” a local merchant says. “Upward adjustments seen in the Turkish rebar market did not have an effect on Spanish prices. On the contrary, slowing demand mai…
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