29
Jun
14:05
Trinecke Zelezarny sees import pricing pressure, emissions risk
Trinecke Zelezarny (TZ) says the main threat this year is pricing pressure resulting from increased imports from Iran, India and South Korea. These imports are an effect of overproduction in China and other countries.
Negotiating allowances for the EU Emissions Trading System for 2021-30 represents another risk, according to the Czech steelmaker.
TZ reported a -13% on-year drop in revenue in 2016 to CZK 32.22 billion ($1.4 billion) due to lower steel sales pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous