06
Mar
15:56
Jazeera posts record sales, sees Turkey threat
A slowdown in Turkish economic growth due to a weak lira and heightened political uncertainty could result in increased long product exports to the Gulf Cooperation Council, thereby pressuring regional producers’ margins. So says Omani welded pipe producer and longs re-roller Al Jazeera Steel.
The agreement between OPEC and non-OPEC oil producers to curb output will help better balance oil supply and demand; however, global oil inventories remain high…
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Anonymous
Very good overview of the weekly steel market.
Anonymous