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09 Oct
11:54

Global trade measures may cause local steel overcapacity

The wave of global safeguard measures is likely to cause a shift from a globalised market to more localised markets, analyst Matt Watkins said at Eurometal’s Steel Trade Day in Rotterdam attended by Kallanish. Regarding the immediate trade war between China and the USA, he believes that the two powers will find a deal to clarify the situation sooner or later. In the longer run however, steel sellers will not be looking for international opportunities as mu…
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