Archive for November, 2011
ALL STEEL PRODUCT PRICES FALL AS EUROPEAN ECONOMIC TURMOIL PERSISTS
Global economic uncertainty is causing steel consumption to slow in Europe. Moreover, buyers are reluctant to place forward orders on the mills, given the current financial climate. Market players feel that worldwide production cuts will hold the key to price stabilisation. Although the mills are curbing capacity, the results are unlikely to be felt until [...]
Posted: November 28th, 2011 under Steel, Steel Prices.
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