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China's steel market to undulate post Jul's slight rebound

 

Date:[9/23/2013]    Source:Shandong Hai Steel Co.,Ltd

 
CISA: China's steel market to undulate post Jul's slight rebound

In Jul this year, steel demand improved due to sustained growth of downstream sectors and the m-o-m decrease of steel production in China, contributing to driving up steel prices. On the whole, steel prices will find insufficient momentum to head upward in the near future, but is likely to undulate on a supply glut.
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