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Steel prices come under pressure on fear of glut: output surges in China and Eastern Europe, sparking oversupply fears in the world market
- Source :
- Wall Street Journal. Europe. June 1, 2010, A24
- Publication Year :
- 2010
-
Abstract
- A recent surge in steel output in China and Eastern Europe raises concerns that oversupply may result in a global collapse of steel prices. Expected steel production of 1.5 billion metric tons in 2010 will surpass estimated demand of 1.3 billion metric tons.
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.228345399