Category: HRC
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How will China’s steel exports receive a boost from attacks on Iran’s steel plants, export disruption?
Drop in Iranian exports to create 5-5.5 mnt supply gap in long products China may capture 30-40% of that billet supply gap – around 2 mnt/year Horizon Insights: On the afternoon of 27 March, US and Israeli warplanes struck Iran’s core steel plants: Mubarak, Khuzestan, and Isfahan. These facilities account for 50%-70% of Iran’s crude…