Archive for February 24th, 2009
Steel output increased in China. Where now on steel prices?
I was amazed to see a report that Steel production in China was up month on month in January by 10 % to 41.5 million tonnes (source forbes.com)
When worldwide demand is so weak and US and European output has been slashed this comes as quite a surprise, and has resulted in the fall in share [...]
Posted: February 24th, 2009 under Steel Comment, Steel International, Steel Prices.
Comments: 1
Manufacturing ‘needs state funds" according to think tank
The government is being urged to give the same financial support to manufacturing during the recession as it has to failing UK banks.
The Work Foundation think tank wants emergency state funding to help save jobs and companies in the "extremely important" sector of the economy.
Its comments came as a CBI survey showed that factory [...]
Posted: February 24th, 2009 under Manufacturing News, Off Topic.
Comments: none