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06 Dec

GCC mills receive promising billet, rebar export enquiries

The fully integrated mills in the Gulf Cooperation Council are seeing a good flow of billet enquiries from North Africa, Latin America and Pakistan, and for rebar from Europe and the Far East. They are cautiously monitoring markets with a view to closing deals, to take advantage of the improving sentiment before the New Year holiday, notes Kallanish. Last week in Oman, 150mm 3sp modified (0.6-0.9% manganese) billet was booked from another Persian Gulf country for …
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