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11 Sep
09:00

Longs face huge uncertainty amid market deterioration: Irepas

Huge uncertainty lies ahead for the global long products market, as it is deteriorating after entering a rising-cost business cycle, says the International Rebar Exporters and Producers Association (Irepas). Inventories are lasting longer than expected amid lacklustre demand. Europe is a “different planet” from the rest of the world, with its mills and consumers facing an unprecedented increase in energy prices and a bigger-than-ever logistics crisis, …
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