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14 Jan
13:06

Spanish rebar prices slip despite costlier scrap

Spanish scrap and rebar markets have seen prices decouple, with large mills increasing raw material purchasing prices for all grades while reducing their long steel offers, market sources tell Kallanish. Megasa was the first to implement such adjustments at the beginning of last week. This came after it resumed production following an unusually long period of holidays provoked by costlier electricity prices. “Megasa returned [from holidays] by inc…
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