May 2012 | Steel Raw Materials
Global steel production disappoints in January to April period: Ferro-alloy Highlights
Global steel output decline in April, typically a seasonally strong month, is of particular concern.
Global steel production fell 0.8% in the first four months of the year. Not only does this signify a weakening of demand, but it also compares unfavourably with the 5.6% growth over the same period in 2011. As this period includes April, traditionally one of the strongest months of the year and long before the effects of seasonal slowdowns should have depressed demand, this fall is...
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