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MidEast conflict halts some China steel exports
malaya Business Insight
|March 04, 2026
Some Chinese steel exporters have stopped making offers to customers in the Middle East as the escalating conflict with Iran chokes shipping through the Straits of Hormuz, analysts and twotraders said.
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Freight rates are rising rapidly and insurers are cancelling coverage as shipping through the Strait of Hormuz between Iran and Oman grinds to a near halt after vessels in the area were hit as Iran retaliated against US and Israeli strikes.
Cette histoire est tirée de l'édition March 04, 2026 de malaya Business Insight.
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