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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: EL KABONG!!! who wrote (46641)2/25/2004 2:55:29 AM
From: energyplay  Read Replies (1) | Respond to of 74559
 
China steel industry may be limited by avalibility of scrap, metellurgical coal, and iron ore.

So shortage may persist for a few more years, then end suddenly....



To: EL KABONG!!! who wrote (46641)3/2/2004 4:28:22 PM
From: gg cox  Read Replies (2) | Respond to of 74559
 
I bought steel Jan 29/04,
paid for 2x2x.125 square tubing per length $42.00 Canadian
today $60.29 for same thing..
1x1x.125 sq. tubing per length $ 18.00
today $26.60 for same thing...
Was told prices will be rising again, soon, and they were also saying this was because of strong demand from China.
gg