Steelmakers feel the price pinch
By Wang Ying | China Daily | Updated: 2009-03-24 07:56
Steel rods from China are unloaded from a ship docked at the port on Chao Praya river in Bangkok, Thailand. Bloomberg News |
SHANGHAI: Chinese steelmakers are headed for troubled times as steel products makers are finding it tough to sell their products due to the narrow price gap with global prices, analysts said yesterday.
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