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03 November 2010
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01 November 2010
With 25% of all cranes reputed to have been in use in Dubai in 2008, it is no wonder that last year’s weakness in the area’s construction arena would have a significant effect on global construction. Construction Week’s annual survey shows that the past 12 months have been difficult in the GCC, but the picture may be changing. Positive news for the global steel market and for aluminium demand.
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28 October 2010
High stocks and slack demand together have been depressing prices in China for weeks.
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28 October 2010
The largest price cuts to date for flat products have been made by Ukrainian producer Ilyich, which dropped its commercial plate prices by as much as $50/tonne for November production.
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28 October 2010
The Iranian government is planning to remove subsidies on essential daily consumer goods and utilities, such as gas and electricity.
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28 October 2010
Downloadable Excel files with MBR's prices and other steel statistics for the week of 28 October 2010
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28 October 2010
Demand for structural sections is bumping along the bottom of the cycle at around half historical tonnage levels.
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28 October 2010
After successfully negotiating the recovery from recession, the Chinese government is trying to ease back economic growth.
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28 October 2010
A large proportion of Chinese long product mills use the BF-BOF route, so ore and coke prices are as significant as scrap prices; all have gone up, driving less efficient steelworks into the red.
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28 October 2010
R coil prices have lost more than downstream prices in recent weeks.