Archive for October 13th, 2008
China’s steel prices plunge
China’s domestic steel prices plummeted an average of 12 percent between Oct. 6 and Oct. 10. That is the biggest single-week decline since the year 2000, China Securities Journal reported Monday.
Analysts attributed the drastic drop to worldwide economic turmoil, weak demand for steel products and high sales expectations set after the Olympics and [...]
Posted: October 13th, 2008 under Steel International, Steel News, Steel Prices.
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