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04 May
15:54

Seller's market to continue, Chinese imports supportive: Irepas

China and the developed economies are driving global long products demand, while international supply has tightened even further, says the International Rebar Exporters and Producers Association (Irepas). Most mills are offering a few months ahead, thereby contributing to the upward movement of prices. Customers are meanwhile resigned to accepting the continuing price increases. In the EU, construction companies have tried to push cut and benders down on price by …
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