Key China Steel Price Hits Near-Decade Low on Construction Slump
The price of a key Chinese steel product has dropped to the lowest in almost a decade as a prolonged property downturn sapped construction demand and swelled inventories.
By Katharine Gemmell · Bloomberg Markets
The price of a key Chinese steel product has dropped to the lowest in almost a decade as a prolonged property downturn sapped construction demand and swelled inventories.