Global Market - Posts

The demand outlook for most markets remains negative

Continued supplies from Russia create imbalances in the European market and damage local producers

Steady demand was observed on the Western Australia-China route, which transports iron ore

European distributors refrain from new purchases

Existing trade barriers for Ukrainian steel products limit the possibility of restoring the production of steel enterprises

Weak steel demand combined with falling commodity prices weigh on the market

Turkish steelmakers have suspended purchases

Ukraine has the potential to increase iron ore exports to China, but imports of Chinese coated sheets and pipes threaten local producers

In most markets, they reached their lowest levels since the first half of 2021