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Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Fall in Chinese steel demand sees price of iron ore buckle

Posted on 31 October 2008

From FT: Chinese steel production has been dropping along with the steel price for weeks.

But the situation in Tangshan, China’s steel capital, shocked even a seasoned steel market analyst recently: “The statistical data sound depressing, but what we observe on the ground is more devastating,” says Bonnie Liu of Macquarie Bank….. Full Article: Source


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