24
Sep
11:33
Reduced supply balances commodity demand shock: Commerzbank
Commodities, including iron ore, have surprised positively this year despite the Covid-19 pandemic. There has been a big demand shock, but this has been coupled with a considerable supply reduction, thereby balancing the market, according to Commerzbank head of commodity research Eugen Weinberg.
“The demand shock has however been greater, so I’m pessimistic,” Weinberg said at the MBI Stahl Tag conference in Frankfurt this week attended by Kallani…
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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