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Monday, March 7, 2011

Debar prices surge in Hong Kong as demand accelerates

Mon, Mar 07, 2011

Stronger export offer prices from Asian mills have led domestic long products prices to surge in Hong Kong. Import prices for 16-32mm diameter debar were seen to increase by as much as HK$500-600/tonne ($64-77/t) compared with levels before the Chinese New Year holidays in early February. More Steel News www.steelbb.com

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