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12 Nov
14:47

Weak steel demand undermines scrap rebound: Irepas

The scrap market has seen a fairly decent rebound and solid demand with balanced availability, but its sustainability is uncertain due to the lack of finished products demand. So says the International Rebar Exporters and Producers Association (Irepas) in its monthly short-range outlook sent to Kallanish. In a “…confusing” long products market environment, blast furnace raw materials are getting cheaper while scrap prices are rising, alon…
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