Long products may see improvements: Irepas

Dec 11, 2012 | 12:22 PM | Elfi Middelbeek

Tags  International Rebar Exporters and Producers Association, Irepas, rebar, steel, long products, Europe, Steel First, Elfi Middelbeek

LONDON — The long steel market could see fundamentals improve in December as output reductions help to correct a supply/demand imbalance, according to the International Rebar Exporters and Producers Association (Irepas).

"Buying activity in the market should be slightly better due to the combination of existing low inventories and the approach of the new year, but questions will probably still surround the overall market situation until after the (holidays)," Irepas said. ....

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