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06 Sep
15:14

Longs market could restock, downward price pressure looms: Irepas

There could be a winter restocking in the global long products market following slow buying activity during Ramadan and the summer holidays, but much depends on China, according to the International Rebar Exporters and Producers Association (Irepas). Further stability is expected in coming weeks, but there could be downward pressure on prices depending on supply. The spread between Chinese and Turkish rebar export prices has narrowed in recent weeks as Chinese p…
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