SMM steel market morning news: Escalating Red Sea situation is pushing up global shipping prices"
According to the American Consumer News and Business Channel, the longer the current tense situation in the Red Sea continues, the greater the impact on global shipping, and shipping costs will continue to rise.
![Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]](https://imgqn.smm.cn/usercenter/EutUV20251217171724.jpeg)
![[ Canada to Impose 50% Retaliatory Tariff on US Steel ]](https://imgqn.smm.cn/usercenter/QMaot20251217171719.jpg)
![[ Bharat Coking Coal Output Grows 2.8% in August ]](https://imgqn.smm.cn/usercenter/JSngP20251217171719.jpg)
