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25 Feb
16:55

Global merchant slab shortage bites again

The global shortage of merchant slab has resurfaced again, as the flat products market looks set for a strong recovery following several months of uncertainty. The recent dam collapse at Vale's Brazilian iron ore mining operations and the subsequent apparent shortage of premium material is driving appetites and prices up. This has increased producers' costs for what seems like at least several months. The flat products market recovery has been dr…
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