News Snapshot:
Steel raw material prices on the Dalian Commodity Exchange, China, fell on Tuesday, as control measures due to the recent increase in Covid-19 cases, which hampered transport levels and production at the mills and also reduced demand. “Affected by the pandemic situation, demand has been pent up, while disrupted transport has led to increased inventories in coke plants,” analysts at GF Futures wrote in a note. Coke inventories at 230 coke plants stood at 11.5m tonnes last week, up 1.1% from the previous week, data from consultancy Mysteel showed. function bsaIframe() { var iFrameID = document.getElementById('bsaIframe'); if(iFrameID) { iFrameID.height =...
