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Wednesday, October 26, 2011

Shanghai Steel trends in a sensitive period

Shanghai Steel trends in a sensitive period Recently, market concerns about the debt crisis eased, the overall strength of commodity rebound, followed by Shanghai steel rebound. However, due to weaker steel demand and supply side, Shanghai steel rebound relatively weak. EU summit on bank capital restructuring plan agreed upon, the size of the rescue funds may be increased to 1 billion Euro. Temporary relief to the debt crisis, the foreign goods market sentiment to improve. ...Shanghai Steel trends in a sensitive period

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