Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto
Baua Electric
APRIL 30, 2023
Hot-rolled thin steel plate is essential for the production of building components and industrial machinery, serving as the benchmark for steel prices in China. The price decline indicates a deterioration in the local steel market, reported Nikkei Asia. Prices for nonferrous metals and chemical products are also sinking. per cent, 1.3
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