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29 Oct
11:06

Regionalisation of global steel market continues to accelerate

Regionalisation in the global steel market is continuing to accelerate, creating many problems for players and for the industry. This is according to a number of speakers at this week’s World Steel Dynamics conference in Milan attended by Kallanish. Michel Van Hoey from McKinsey & Company calculates that in 2018 only 22% of the global steel demand was supplied by traded steel products. This share was almost half of the 40% calculated in 2000. The fall …
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