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06 Apr
18:38

Industry eyes second-quarter "... survival," scrap supply restricted: Irepas

The second quarter will be one of “… volume survival,” says the International Rebar Exporters and Producers Association (Irepas). Economic activity should rebound after the coronavirus peaks, which could be in Q3, as long as social unrest is avoided, it adds. There will be massive capacity reductions in Q2, on top of the Easter and Ramadan periods, with pricing and volumes at a low point. The regionalisation of markets is now being reinfor…
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