Steel industry outlook still hazy
By Zhang Qi | China Daily | Updated: 2010-09-03 08:11
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Imported iron ore from Brazil ready for unloading at Wuhan Iron and Steel Co's port in Hubei province. Shepherd C Zhou / for China Daily |
BEIJING - Despite the prospects of lower iron ore prices for the fourth quarter of this year, the overall outlook for domestic steel mills still remains hazy due to weak demand from downstream sectors, industry sources said on Thursday.
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