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11 Aug
07:55

South Korea supervises rebar to prevent panic buying

South Korea’s Ministry of Trade, Industry and Energy (MOTIE) on 5 August said it will maintain a stable supply of reinforcement steel products used in construction in the second half of 2021. The recovering economy will provide strong positive fundamentals for their prices, but the ministry hopes to avoid significant price inflation. MOITE plans to request construction companies to avoid panic buying and to encourage steelmakers to operate their plants at a …
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