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27 Oct
10:39

Eramet: China drags on global carbon steel output

Global carbon steel production is forecast to decline in Q4 due to production cutbacks in China. Output however will remain strong in the rest of the world, says French miner Eramet. Manganese alloy prices that remained strong in Q3 will be supported by supply cutbacks in China and some Western countries caused by energy price increases. Sea freight rates are also seen remaining expensive due to port congestion and strong transport demand, Eramet forecasts in…
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