19
Jan
14:54
Red Sea crisis spares German steel for now
Germany’s steel industry has not yet been affected significantly by the Red Sea shipping disruption caused by Houthi and pirate attacks on vessels trying to access the Suez Canal. Many vessels have opted to take the longer route around the Cape of Good Hope, or are considering to do so.
Thyssenkrupp Steel has not yet experienced supply bottlenecks, the company said in a statement published by Reuters. The news agency stated that the group is nevertheless thi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous