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08 Mar

China post-holiday demand disappoints, 'aggressive' exports continue: Irepas

The positive expectations over Chinese demand following the New Year holiday have not materialised. Chinese exporters are expected to continue to be aggressive, which will drive other Asian suppliers to adopt a similar stance, the International Rebar Exporters and Producers Association (Irepas) says in its March short-range outlook seen by Kallanish. Chinese developers Evergrande and Country Garden are in deep financial trouble, while there are some worrying rumou…
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