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Omani and Kuwaiti longs markets: local mills follow different policies

机译:阿曼和科威特龙市市场:本地米尔斯遵循不同的政策

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摘要

Long product markets in Oman and Kuwait have seen higher activity from both end-users and steel traders. This, together with continuing upturn in import billet prices, has made Omani mills raise rebar prices by $39/t (OMR 15/t) compared to mid-November levels. A Kuwaiti rebar producer launched a new steelmaking complex in October and thus became self-sufficient in semis, which defines its policy in the market: prices in the national currency have remained the same, although those in dollar terms have gained $14-15/t on currency fluctuations.
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