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07/13/2021 | Press release | Distributed by Public on 07/12/2021 22:35
Speech by 2M Tan See Leng at the Opening Ceremony of the Singapore International Ferrous Week
Distinguished Guests,
Ladies and Gentlemen,
1. Good morning. It is my pleasure to join you this morning at the virtual opening of the inaugural Singapore International Ferrous Week. Let me also extend a warm welcome to our foreign participants from over 70 countries. Your presence reaffirms the importance and relevance of this forum for the ferrous trading community.
Recovery from external shocks amid the COVID-19 crisis
2. The impact of the COVID-19 pandemic continues to be keenly felt today. Disruptions brought on by the pandemic have weakened global demand for steel and other raw materials, and fundamentally changed how business is conducted. 3. Businesses, including commodities trading companies, have had to quickly adapt. I know it has not been easy. The post-pandemic recovery is expected to be protracted a