29
Apr
17:45
Global shortage of iron ore resets market: Cleveland-Cliffs
Cleveland-Cliffs president Lourenco Goncalves tells investors that a massive shortage of iron ore and pellets in the international markets, created by the Vale dam collapse in Brazil in January, has reset the global market, Kallanish reports.
“With the catastrophe at Vale in Brazil exactly 90 days ago and considering vessels in transit from Brazil to China and port inventories at both ends, we are just now at a point where the physical impact is starting t…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous