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01 Jun
09:47

Spanish rebar stabilises, demand uncertain before snap election

Spanish rebar prices remain on an upward trend this week, while most local mills are evaluating their production levels and demand in a weak market scenario. The Spanish rebar market has shown some price volatility in recent days. Price levels moved down by €25/tonne ($26.6/t) in the last days of May before recovering by almost €30/t since the start of June, sources tell Kallanish. “The rebar market is following the recent rise in scrap …
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