SteelMint

Tag: HRC

  • GCC steel trade faces mounting uncertainty as Hormuz disruption continues

    GCC steel trade faces mounting uncertainty as Hormuz disruption continues

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    by

    Hitanshi
    in

    Rerouting of cargoes adds to mounting logistics costs Traders suspend fresh offers on surging freights, shipping problems SteelOrbis: Uncertainty has been growing across the Gulf Cooperation Council (GCC) steel market in recent weeks as disruptions in the Strait of Hormuz continue to affect established trade flows and logistics patterns. Cargo movements have become less predictable,…