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03 Jun
10:12

GCC becomes exporter, Russia sells at discount: Irepas

Traditional importer the Gulf Cooperation Council has now become a major exporter. Oman, for example, is shipping good quantities to the EU, points out International Rebar Exporters and Producers Association (Irepas) chairman Murat Cebecioglu. Russian steel is meanwhile trading at a steep discount to other suppliers, with fewer destinations available. "Russia and Ukraine have changed the market sentiment and flow of supply. The absence of Russian and Ukr…
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