Trade Resources Economy China Steel Makers Are Still Facing Difficult Time

China Steel Makers Are Still Facing Difficult Time

It’s reported that many china steel makers are still facing difficult time and are expected to lower factory prices for major steel products. Although China has a lot of ongoing infrastructure construction projects, the steel prices are still hardly to increase the price as expected.

In the earlier of this year, steel market predicted a rebound in demand for steel, but the expectations of rising demand turned out to be false and triggered producers to cut prices.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64307&division=A9
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China's Steel Industry Still Suffering to Cut Prices
Topics: Metallurgy