China’s Steel Prices Experience a Roller-Coaster Since May 1
In two weeks, the cost of steel products rose by more than 1,600 yuan (US$250) per ton. It has attracted the attention of the highest levels of the Chinese government.
In two weeks, the cost of steel products rose by more than 1,600 yuan (US$250) per ton. It has attracted the attention of the highest levels of the Chinese government.
After China warned of “excessive speculation” of raw materials such as iron ore and copper, global commodity prices have plummeted. People are increasingly concerned about the rapid growth of inflation.
Asian Metals Symposium held an expert survey at their online metal seminar on Tuesday. The participants were discussing whether the commodity market would experience a “supercycle” in the next few
Because of potential obstacles in the 2015 Iran nuclear agreement, oil prices rose on Monday. There are doubts about the future of indirect negotiations, which may end U.S. sanctions on
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