China is a ‘stabilizing force’ on metal markets: Lennon
Jan 19, 2010 | 12:51 PM
| Jim Lennon
In terms of the potential impact of China on the rest of the world's steel markets, China is a major stabilizing force on the global steel and metal industries—when there are shortages China exports more, and when there is oversupply China imports more, London-based analyst Jim Lennon said in a rebuttal to the story above.
You can see this in trade data for steel, aluminum, nickel, cement and other products in 2008 and 2009, he writes.....
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