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02 July 2009
Macroeconomists have been readjusting their forecasts of Chinese GDP growth in 2009 as it becomes clear that the Chinese government’s stimulus plan has had far-reaching effects over the previous two quarters.
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01 July 2009
MBR has been hearing from mills that order entry rates are on the increase, albeit slowly.
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25 June 2009
At the 24th annual Steel Survival/Success Strategies conference, the pervading theme is that the markets have reached a trough and that steel prices, especially flat products, will rise. The rate at which prices will rise and recover will be a slow one for the industry.
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24 June 2009
In his keynote presentation at the 24th annual steel survival/success strategies conference, Mr. Lakshmi Mittal reminded us that this year marks the 200th anniversary of Charles Darwin’s birth. In these difficult times for steelmakers, the actions taken now will ensure the survival of the fittest.
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18 June 2009
MBR has compiled a list of 12 indicators which we believe are important enough to point in the direction of an easing in the recession.
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04 June 2009
This month's round up of North American steel price analysis and forecasts
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04 June 2009
Fundamental demand remains weak, but inventories of HR coil are low.
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04 June 2009
We do not believe May's long product price rise is the start of an upward trend.
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04 June 2009
We did see an uptick in domestic scrap prices in the second week of May as some mills returned to the market to source feedstock for their May/June/July melting.
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04 June 2009
Lack of ordinary credit has been as much an obstacle to ordering imports as has the fear of over-stocking.
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04 June 2009
May 2009's round-up of North American economic and demand indicators.