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31 May
15:11

Ukraine war disrupts trade patterns, prices receding: Irepas

The Ukraine war is shifting trading patterns and creating new opportunities for steelmaking countries other than Russia and Ukraine, said participants at this week’s International Rebar Exporters and Producers Association (Irepas) meeting in Istanbul. As one example, the war has created a nail supply shortage in the EU as Russia and Ukraine are the leading nail suppliers with a combined 90% market share. India's new export duties on steel and steel…
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