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09 Dec
11:59

Qatar Steel returns to export market: sources

Qatar Steel has come storming back onto the export market following its public exit at the start of the second quarter due to reduced margins internationally, various Middle Eastern steel market sources observe. In recent weeks the firm has been heard concluding rebar sales to Hong Kong, a regular trading route before the Covid-19 pandemic struck. Most recently, last week, the steelmaker is reported to have sold at $540-545/tonne cfr Hong Kong actual weight for Fe…
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