21.07.21
TMHCC – Trade Credit: Sector Update – Metals
NEWS
Supply and demand have always been the most important factors in any commodity price movement, and that remains the case with metals.
In 2020, as Aerospace, Automotive and Construction demand was heavily impacted by lockdowns in the UK and Europe, steel mills moved to shore up cash and stem losses by taking capacity out of the market through the idling and closing of a number of furnaces and facilities.
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