10
Jul
10:52
Irepas foresees rebound as re-stocking continues
Participants expect the long products market to soon rebound despite the most-recent price decreases, as re-stocking continues to replenish inventories that have depleted to low levels. So says the International Rebar Exporters and Producers Association (Irepas) in its June short-range outlook seen by Kallanish.
Short lead times are the main requirement for the present round of re-stocking, meaning supply from neighbouring countries is preferred to longer-distan…
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Anonymous
Very good overview of the weekly steel market.
Anonymous