Subscribe to RSS feedSteel tipped for pick-up
by
Liz McCarthy, London
—
last modified
Oct 15, 2009 04:04 PM
GLOBAL steel production could recover as early as 2010, driven by growth in gross domestic product and improved financial conditions, according to Société Générale.
Production is expected to increase by 4% in the next two years, slightly above GDP, which is set to rise 3% next year and 3.7% in 2011.
“We foresee an overall demand recovery as steel is tied to GDP...
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