ASIA STEEL-China steel prices dip but demand still intact (Reuters via Yahoo! Malaysia News)
10th December 2009
* Prices decline slightly, but optimism remains * Baosteel January hikes suggest demand still strong * Traders await impact of new “restructuring” policies By David Stanway BEIJING, Dec 10 – Chinese steel prices fell around 4 percent this week, according to Metal Bulletin figures, but a sustained decline is unlikely, with demand continuing to hold through the winter months, analysts said. The …
Source:ASIA STEEL-China steel prices dip but demand still intact (Reuters via Yahoo! Malaysia News)
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