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08 Feb
15:26

Irepas doubts sustainability of longs price improvement

Although long product prices have improved, there are doubts over the sustainability of higher levels, according to the International Rebar Exporters and Producers Association (Irepas). There has been a general worsening of demand-supply expectations. The longs price improvement has “… no positive effect” because of the concurrent rise in scrap prices, Irepas says in its February short-range outlook seen by Kallanish. Turkish mills have c…
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