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07 Feb
10:24

Reducing margins threaten long mills survival says Irepas

Long products output will be cut further, as squeezed margins threaten steel mills’ survival, according to the International Rebar Exporters and Producers Association (Irepas). The market has entered “…the final phase”, or the “…worst period experienced so far”, and the consequent exit of investors from the steel business is seen accelerating these cuts in 2016. More trade cases are expected against China and Russia un…
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