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10 May
21:30

Supply pool widens, China output cuts questioned: Irepas

Competition has intensified in long products export markets amid slowing global demand and the presence of new supplying countries. The market is pinning its hopes on China reducing steel production, but it remains to be seen how strictly it does this, Kallanish notes from this week’s International Rebar Exporters and Producers Association (Irepas) Barcelona meeting summary. Energy costs have eased but high interest rates remain a challenge in Europe, which …
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