Cyclone Supply Chain Disruption Could Spur 20 Percent Spike in Steel Prices

Dateline City: 
Washington, D.C

Tropical Cyclone Rusty could severely disrupt Australia’s participation in the global steel supply chain, impacting exports of iron ore used for steel manufacturing. Global steel prices could soar by as much as 20 percent as raw-material costs climb for mills and foundries in China and other parts of Asia.

Language: 
English
Multimedia
All Other Multimedia: 
Contacts

Jonathan Cassell
Senior Manager, Editorial
jonathan.cassell@ihs.com
Direct: + 1 408 654 1714
Mobile: + 408 921 3754

Or

IHS Media Relations
press@ihs.com
+1 303 305 8021

read more

Subscribe to Applenews247.Com Newsletter

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>