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10 Feb
15:43

Irepas foresees strong 2021 but China concerns remain

Although sentiment in long products markets has improved, concerns remain for February and March after China increased its presence in export markets and quickly lowered prices, says the International Rebar Exporters and Producers Association (Irepas). A return to the prices of last September and October however “…hardly seems foreseeable,” Irepas observes in its February short-range outlook seen by Kallanish. “Scrap prices may have …
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