Archive for March 24th, 2009
Chinese steelmakers feel the price pinch
Chinese steelmakers are headed for troubled times as steel products makers are finding it tough to sell their products due to the narrow price gap with global prices, analysts said yesterday.
In February, China exported only 1.56 million tons of steel products, down 50 percent year-on-year. This is the lowest monthly export since October 2004 and [...]
Posted: March 24th, 2009 under Steel International, Steel Prices.
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