08
Aug
15:24
Reduced profitability to limit DRI trade: Midrex
Lowered profitability caused by high iron ore costs is expected to limit international direct reduced iron/hot-briquetted iron trade in 2019, according to Midrex. In 2018 Russia remained the largest exporter, while Italy was the largest importer.
Cold DRI (CDRI) shipments are estimated to have surged 56% on-year in 2018 to 12.49 million tonnes, while HBI shipments are estimated to have grown 11% to 9.03mt. Seaborne shipments fell -1% to 10.22mt but deliveries by…
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Anonymous
Very good overview of the weekly steel market.
Anonymous