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08 Mar
16:07

CIS supply shutdown creates 'unprecedented’ market disruption: Irepas

The global long steel market is “at an unprecedented juncture” following Russia’s invasion of Ukraine, which has removed from the market indefinitely one of the largest suppliers of steelmaking raw materials and semi-finished products. So says the International Rebar Exporters and Producers Association (Irepas). The reduction in Black Sea supply from Ukraine and Russia, and impact of sanctions on the latter are lifting steel prices, while energy …
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