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19 Aug
16:10

Russian coiled longs suppliers capitalise on Israeli market

Russian wire rod producers are facing a challenging market environment as global wire rod prices come under pressure from falling Chinese values, Kallanish notes. Despite this, Russian producers are expected to maintain significant export volumes for coiled longs, benefiting from the export duty suspension, while also targeting the Israeli market, where buyers pay higher. This premium is partly driven by the limited number of suppliers willing to serve the region …
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