31.10.2008 - Fall in Chinese steel demand sees price of iron ore buckle
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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