Economy
November 22, 2021
CRU: Another La Niña Year – What It Means for Steel and Coal
Written by TiagoVespoli
By CRU Steel Analyst Tiago Vespoli, from CRU’s Steel Sheet Products Monitor, Nov. 17
There is a high probability that the weather phenomenon La Niña will start at end-November, which could have serious consequences for the steel supply chain, depending on the severity of the event. Some expected impacts include increased rainfall in Australia and northern Brazil, droughts in southeast Brazil and colder temperatures in China, Europe and northern parts of the USA.
