Is The The Global Steel Industry In For Another Bumpy Year? ...Middle East

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Is The The Global Steel Industry In For Another Bumpy Year?
source : OILPRICE ( Middle East ) () 18
Via AG Metal Miner   After weathering a bumpy ride throughout 2022, one of the world’s most traded commodities still isn’t out of the woods just yet. Though steel prices rose across the board over the past few weeks, mills around the world remain shuttered, and demand continues to fluctuate. Zero-COVID and limited energy across places like Europe are just some of the factors the steel industry endured over the past year. In the U.S., this was coupled with high-interest rates and a dollar that reached new highs before quickly retreating.…

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