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10 Nov
14:11

US scrap under pressure, China economy worries: Irepas

The first-quarter-2021 outlook for the long products market is satisfactory except for the US which is unstable, according to the International Rebar Exporters and Producers Association (Irepas). Competition in the country remains high in contrast to the rest of the world where it is shrinking. The longs market is becoming even more regionalised as protectionism is reducing global trade. The Covid-19 pandemic is giving mills in certain markets the pretext to lobby…
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