May 2012 | Steel Tracker
Flat product prices down 12% year-on-year: Latest Analysis
hina’s growing middle class has shown an appetite for steel consumption products from end-user markets such as white goods and the automotive industry, of which consumption IPI levels are up, and we fully expect them to reach an all-time high in the coming three months.
The MBR Flat Products Pricing Index reveals that this weeks prices are down 12% from a year ago. Moreover, competition in the international markets is rising as demand appears to be stagnating. Turkish steelmaker,...
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