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22 May
11:07

Global steel output decline to persist: Eramet

Global carbon steel output will continue to reduce this year against the backdrop of high inflation and energy costs, with the exception of India which should return to growth. Demand from the construction sector is slowing globally due to rising interest rates, says French miner Eramet in its first-quarter financial report monitored by Kallanish. Demand and prices for manganese ore are also expected to decline, in line with lower steel production as well as deman…
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