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26 Jun
08:06

CRU sees delayed steel, met coal recovery

United Kingdom-based CRU Group foresees steel and metallurgical coal demand recovery in key markets delayed to 2025. Its metallurgical coal and coke senior analyst Banmeet Khurmi told the Asia Coke event in Singapore attended by Kallanish that he is bearish on the European market. According to him, hot metal output in the region permanently revised lower along with delayed blast furnace restarts.  He also notes that the region's recovery from weak macro …
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