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29 May
15:25

Pandemic exacerbates Lebanese steel market woes

Lebanon’s steel market is paralysed due to the continued political and financial crises in the country, now exacerbated by the Covid-19 pandemic, local traders tell Kallanish.  “There is no demand, nobody has the money to pay for shipments, local clients are not even interested to know prices,” a trader complains. “The market has totally collapsed.” The situation has worsened with the combined impact of Covid-19 and government…
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