Maritime & Shipping, Metals & Mining, Ferrous
March 24, 2026
China's steel exporters closely watch shipping disruptions amid Middle East tensions
HIGHLIGHTS
Shipments face cancellations, delays
Freight costs rise as buyers hesitate booking
Steel exporters in China are closely watching shipping disruptions around the Middle East, which is typically a major buyer of the product. Steel shipments are being canceled or delayed, and buyers are hesitating to book cargoes amid rising freight costs and a lack of clarity about shipping timelines.
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