Tag: Global seaborne steel trade seen rising; but
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Global seaborne steel trade seen rising; but, war to re-align short-term trade flows
Total global seaborne steel trade (including flats, longs and semis) in 2020, as per WSA data, was around 400 mnt. The volume in 2021, which is still awaited, is expected to rise 5-7% to 420-430 mnt, as per SteelMint’s estimates. Top exporters Data maintained with SteelMint indicates that in 2021, despite the export rebate withdrawal…