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Chinese steel prices to bottom out soon, says market

July 26, 2010 - 00:00 GMT

China’s steel prices are expected to level off after falling for 13 consecutive weeks, and may even bottom out in coming weeks, said market participants.

China’s steel prices are expected to level off after falling for 13 consecutive weeks, and may even bottom out in coming weeks, said market participants. Higher raw material costs, production cuts by steelmakers...

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