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31 Jul
14:51

GCC billet buyers prioritise prompt shipment, mull Asia

Gulf Cooperation Council rebar re-rollers are in the final stage of determining whether to book billet from Southeast Asia and China amid sliding unsolicited price offers. They are also sealing deals with suppliers within the bloc for prompt shipment. A Saudi east coast major re-roller has been intermittently booking large volumes of billet from Far Eastern origins, but buyers in Kuwait, Qatar, United Arab Emirates and Oman have yet to sign their first contra…
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