11
Dec
12:10
Trafigura doubles iron ore volumes with domestic focus
Demand for iron ore should remain strong despite the threat of higher scrap use and tepid Chinese demand, according to trading house Trafigura. The company saw profit margins squeezed in financial year 2018, Kallanish notes.
In its financial year ending September 2018, Trafigura traded 16.9 million tonnes of iron ore, more than double the 8.1mt it traded the previous year. Growth was driven by a focus on the domestic Chinese market, where Trafigura has…
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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