28
Oct
00:00
ME steel market must take action against growing cheap China-origin imports: ESI
There is no end in sight to cheap Chinese steel appearing in Middle Eastern markets, which means there is more pain to come for regional producers. Steps must be taken to prevent the negative impact of this trend on the whole steel supply chain, according to Emirates Steel chief commercial officer Ahmed Al Dhaheri.
Chinese finished product consumption growth of 6% in 2013 has slowed to 2% in 2014 and is forecast at 1% next year, due to tightening credit and …
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Anonymous
Very good overview of the weekly steel market.
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