08
Jun
11:08
Fourth-quarter correction possible but supply remains tight: Irepas
Global long product prices may correct in the fourth quarter as steel production grows markedly, but there is no clear end in sight to supply shortages, says the International Rebar Exporters and Producers Association (Irepas).
EU rebar prices have hit 13-year highs and decoupled from scrap prices. Those few mills with material available are focusing on prompt deliveries of smaller volumes, which is pressuring buyers. Due to the lack of import options, buyers must…
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Anonymous
Very good overview of the weekly steel market.
Anonymous