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steel market in new year

Aug 20,2018
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To be noted that the March results of our proprietary steel sector survey reveal a market struggling to pick up following the New Year holiday. Sentiment at the mills has turned positive though for the first time since July last year, although traders of iron ore and steel are yet to follow. For now, orders remain weak and production is being cut back with the only slight positive being that steel inventory looks relatively low.
 


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