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25 Feb
16:34

War leaves Asian mills seeking alternate pellet suppliers

Asian mills are looking for alternative sources of iron ore pellet amid expected disruption to supply for Ukraine, Kallanish notes. Nippon Steel vice president Takahiro Mori told Bloomberg that it was looking to Brazilian and Australian suppliers to make up the gap left by Ukraine. The fluid situation in the Russian invasion of Ukraine has created a wide range of disruption, but shipments out of the Black Sea are expected to be heavily disrupted for the foreseeabl…
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