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27 Apr
14:23

ASEAN steelmakers eye domestic markets amid freight fluctuations

Indonesia's Krakatau Steel and Tata Steel (Thailand) discussed the impact of freight rate fluctuations on their company operations at the Kallanish Asia Steel Markets Conference held on Wednesday. The companies both say that focusing on purchasing and selling in the local market can help alleviate cost pressures caused by skyrocketing freight rates, Kallanish notes. Rajiv Mangal, president and chief executive of Tata Steel (Thail…
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