Multiple Chinese traders and steel mills have stopped doing business with iron ore traders Radiant World and Sapphire Minmetals, raising counterparty-risk concerns in the iron ore supply chain. The development is likely to cause incremental disruptions to trades, but no specific price, volume, or timing impact was provided.
Multiple Chinese traders and steel mills have stopped doing business with iron ore traders Radiant World and Sapphire Minmetals, raising counterparty-risk concerns in the iron ore supply chain. The development is likely to cause incremental disruptions to trades, but no specific price, volume, or timing impact was provided.
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mildly negative
Sentiment Score
-0.25
