Chinese steelmakers cutting output to stem losses, stabilize tags
Jul 24, 2012 | 12:25 PM
SHANGHAI, China Chinese steelmakers have begun reining in output to minimize losses amid flagging demand and oversupply, but much steeper cuts will be needed to stabilize pricing, market participants told AMM sister publication Metal Bulletin.
Rebar and hot-rolled coil tags have hit more than 2½-year lows in most markets.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.