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Playing on the minimum: Russian long products market, March 17–24

Playing on the minimum: Russian long products market, March 17–24

Russian rebar market has entered a state of stagnation. Both metallurgical companies and distributors would like to raise prices for this product, but there are no objective grounds for doing so. While demand for rebar exists, with some companies even reporting an uptick in the second half of March (albeit from a very low base), the construction sector, broadly speaking, has not shown signs ...

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