Steel Girder Missing

Epsteim, Gady; Wei, Qu
November 2008
Forbes Asia;11/10/2008, Vol. 4 Issue 19, p12
The article reports that a fall in steel prices has crippled the Chinese steel sector and resulted in the shutdown of various mills. Workers have been forced to take unpaid leaves from mills. China is the leading steel exporter and drove up the prices of iron ore, coke and things connected to the industry by fueling its own construction binge. China's property sector is projecting a slight growth in demand for steel in 2009 and the global financial crisis may effect international demand.


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