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Thursday, October 13, 2011

Steel plate decreases the steel market is still facing adjustment

Steel plate decreases the steel market is still facing adjustment October 14, the steel plate in early weakness, stocks nearly across the board plate floating green. As of 9:49, Maanshan Iron and Steel shares fell 2.3 percent, Liuzhou Iron and Steel shares fell 2.12%, 1.84% of Panzhihua New Steel & Vanadium down, Chang Po shares fell 1.82%. Industry insiders estimate that, due to poor economic outlook, future steel market is still facing adjustment, while iron ore prices to a larger decline in the short term is difficult, both for the third quarter this year as well as iron and steel industry ...Steel plate decreases the steel market is still facing adjustment

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