17
Jun
01:00
PSM receives Brazil iron ore cargoes as it seeks to hike utilisation
Pakistan Steel (PSM) has received two Brazil-origin iron ore cargoes that will boost its capacity utilisation and help it take a step towards returning to profitability, Kallanish learns from the flat steelmaker.
The cargoes, one containing 50,000 tonnes, the other 23,000t, have raised PSM’s iron ore inventory to 100,000t, while coking coal stock stands at 150,000t. The producer is confident that “…with the arrival of the latest ships the …
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Anonymous
Very good overview of the weekly steel market.
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