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09 Aug
18:03

Irepas sees higher second-half prices, looming correction threat

The second half of 2017 is likely to see higher steel prices due to competitive buying, but the rapid rate of steel and raw material price hikes raises concerns over a possible correction in the near future. So says the International Rebar Exporters and Producers Association (Irepas). Moreover, if the US administration implements restrictive safeguard measures under Section 232, the resulting additional supply will alter the global market scenario again. The ann…
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