25
Mar
16:06
Suez Canal blockage spares Mid-East importers for now
The blockage of the Suez Canal by a large container ship earlier this week has so far had minimal impact on steel and raw materials trade. But there could be disruption if the vessel takes longer to re-float, Middle Eastern sources tell Kallanish.
Various Gulf Cooperation Council billet buyers say they have so far felt no impact on supply from, for example, the CIS that is transported south through the Suez Canal. One major United Arab Emirates-based buyer says it…
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Anonymous
Very good overview of the weekly steel market.
Anonymous