Reconstructing Iran's Khuzestan steel factory will take between 6-12 months, Mizan news reports
The reconstruction timeline for Iran's Khuzestan steel factory could impact global steel supply dynamics, particularly if delays extend beyond the anticipated 6-12 months.
ECB's Simkus says caution is needed on rates and it is too early to say what is needed at the April meeting
[DESK UPDATE] Easter Schedule: Given the ongoing Middle East conflict and the US NFP report on Good Friday, the desk will operate as usual across Good Friday (April 3rd), Easter Monday (April 6th) and the surrounding days.
Reconstructing Iran's Khuzestan steel factory will take between 6-12 months, Mizan news reports
China's MOFCOM says they are to enhance communications with the US on trade
EUROPEAN OPEN: US plans tariffs on some drugmakers; US to overhaul US steel & aluminium tariffs; RI FP completes disposal to Trinchero; EL-PUIG SM advance towards mostly stock tie-up; STLAM IM explores Canada EV project with Leapmotor
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This may lead to upward pressure on steel prices and, by extension, influence related commodity markets, including energy. Traders should monitor the situation closely as it could also affect broader inflationary trends.
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