War And Supply Chain Issues Dominated Steel Markets In 2022 ...Middle East

By AGMetalminer.com Steel prices endured long-term declines throughout 2022. However, with so many geopolitical events and supply chain pinches, it is important to note that the market in general was quite volatile. Steel Prices: Q1 of 2022 Raw steels started the year with a huge bang, rising over 12% between January and February. China’s climate efforts caused iron ore futures to drop, as the country’s steel production sector makes up nearly 15% of all Chinese carbon emissions. Meanwhile, Mexico’s steel sector returned to…

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