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10 Nov
10:29

Trade regionalisation pressure increases, China uptrend questionable: Irepas

The global long steel supply/demand balance is not improving, with increasing anti-dumping or countervailing duties and supply chain restrictions leading to yet greater trade regionalisation, says the International Rebar Exporters and Producers Association (Irepas). No improvement will occur as long as China keeps exporting over 6 million tonnes/month of steel, the association observes. The year-end holiday season is also approaching, meaning the usual market…
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