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    CRU: Middle East conflict poses energy cost risk to ferrous value chain

    Written by CRU Group


    This news item was first published by CRU. To learn about CRU’s global commodities research and analysis services, visit www.crugroup.com.

    The main impact on the ferrous value chain from the Middle East conflict will be the higher energy costs in a prolonged scenario. Spot oil and gas prices are already moving higher, and, over time, this will impact steelmaking costs across all regions.

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