|
|
|
| NEWS |
|
|
|
| Welcome to Wanjoo Metals |
HOME > CUSTOMER CENTER > NEWS |
|
|
|
|
| TITLE |
Middle East Market - Caution is the watchword |
| WRITER |
administrator |
DATE |
2009-10-14 11:34:43 |
|
|
|
Middle East Market - Caution is the watchword
14 Oct, 2009
The global steel market is agog with news of turbulence in the offing as Chinese suppliers tighten their belts to offload insurmountable inventory generated over the last 2 months.
Europe and India has already started feeling the heat with offers plummeting week on week by nearly USD 50 per tonne in last fortnight.
Middle Eastern market which remained dormant during the happenings owing to Ramadan has opened recently after a month long recess. Eyebrows are raised and much activity is anticipated. However the buyers and stockiest have receded into a huddle even before the market could gather a modicum of mobility.
Resource from www.steelprices-middleeast.com |
|
|
|
|
|
|
| [ L I S T ] |
|
|
|
|
|
|
|
|
|
|
|
|
WanJoo Metals All rights reserved. |
|
TEL : +82-2-585-2581, 2571, FAX : +82-2-585-2587, 8799 |
|
FL.2 DaedeokPlaza Bldg, 206, Geumgok-Dong, Bundang-Gu, Seongnam-Si, Gyeonggi-Do 463-480, Korea |
|
|
|
|
|
|
|
|
|
|
|
|
