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09 Sep
21:27

US longs market reaches equilibrium, suggests Irepas

Supply in the US long steel market has begun to catch up to demand, Kallanish learns from the latest assessment by the International Rebar Producers & Exporters Association (Irepas). According to Irepas, supply constraints, which have plagued the US market in recent months, have been alleviated slightly as domestic mills steadily increase their supplies. Meanwhile, imports of long steel product to the US remain down largely due to the high cost of sh…
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