Tag: China

China: Iron ore, coke prices keep mills under pressure in Mar; Apr to be volatile

Apr 15, 2022

—

by

Admin Operation

in Rebar

Shorter inventory cycles squeeze profit margins of mills HRC rakes in highest margins, rebar least, in March High cost of production curbing EAF output April to see cost pressures, and subdued realty steel demand Morning Brief: In March 2022, the supply disruptions caused by the Russia-Ukraine war dragged up energy and bulk commodity prices globally. This,…