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Posts Tagged ‘ Steel Business ’

Shift in China Trade Policy Could Accelerate Western Steelmakers’ Slump

Dec 30th, 2008 | By Don Miller | Category: Financial News

The steel business faces its biggest hurdle in 60 years with some analysts predicting double digit production cuts in 2009. Now, a sudden change in China trade policy may spell even more trouble for Western steelmakers, as Beijing is currently considering measures to shore up its ailing steel industry with new export policies.

Tags: Baosteel Group Corp, China GDP, China Trade Policy, credit crisis, Don Miller, Global Financial Markets, Global Steel, MCO, MT, OAO, Steel Business, United States Steel Corp., World Steel Dynamics
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