19
Sep
14:40
Inflation, strong dollar challenge steel trade: Celsa’s Gordienko
High inflation is reducing steel demand, while the US Federal Reserve’s monetary tightening has resulted in the strongest dollar in 20 years, hitting the global economy.
This has reduced emerging market GDP growth rate by 2 percentage points and advanced economies growth by 0.65pp, with the impact on the latter to disappear within a year, according to Celsa Group export director Alexander Gordienko.
Germany, Europe's largest economy, has entered recess…
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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