China's iron ore, steel prices yet to bottom, commerce ministry

Singapore 10 October 2008 07:54

Steel and iron ore prices in China are expected to fall further, said the commerce ministry in a report by state-owned Xinhua. "Steelmaking raw material prices have continued declining recently, and a number of steel mills have cut their steel prices. With some of the mills cutting or halting production, the demand for iron ore will soften and...

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China's iron ore, steel prices yet to bottom, commerce ministry

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