19
Aug
01:00
Yuan depreciation will severley affect Mexican steel, Canacero warns
The recent depreciation of the Yuan, and the consequential fall in the price of Chinese goods, is expected to aggravate the problems faced by the Mexican steel industry. So says the country’s national steel association Canacero in a statement seen by Kallanish. The 4.06% devaluation of the Chinese currency “… will severely affect the national [… Mexican] industry, especially the steel sector, where the issues related to imports at unfair p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous