27
Oct
10:13
South African steelmaking raw materials export income shrinks
South African steelmaking mineral export income was down 2.4% on-year to ZAR 103.14 billion ($5.72 billion) in January-July from last year's ZAR 105.68 billion on a for (free on rail) basis.
This was despite steelmaking raw material export volumes rising 4.1% on-year to 48.95 million tonnes in the seven months. Increased iron ore shipments drove the volume growth, while the shrinking income is related to declining unit prices in 2022, Kallanish …
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Anonymous
Very good overview of the weekly steel market.
Anonymous