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Steel Industry News - October 2008

Weakening dollar leads to big increase in steel exports

Mon 27 Oct 2008

 The nation's financial woes continue to dominate headlines, but local steel executives have found a silver lining to the gloomy economic cloud.

Eu steel prices collapse as credit crisis bites

Mon 27 Oct 2008

The crisis in the financial sector worldwide is now impacting badly on the EU steel market. The tightening of credit lines and a complete breakdown of confidence has stalled all business activity. For the small amount of orders being placed, prices...