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Al Ras Steel Trading FZCO
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Credit Suisse backs the idea that higher steel prices are here to stay; expects a 10% growth in Chinese domestic demand for the year.

www.steelstockist.com

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First India increases tariffs and now South Africa will consider them. More and more countries feel import tariffs and dumping duties are the only way to stop cheap Chinese imports from destroying local industries.

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Indian protectionism means less exports of Indian steel and more cheap supply for the rest of the world. Excess Chinese and Russian supply will likely help keep steel prices low in the GCC.

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Visit www.steelstockist.com to take advantage of lower prices now.

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Supply constraints due to the closure of small low quality Chinese mills may finally have a positive effect for the Industry. But stronger demand in China may take longer than expected as stimulus programs have a delayed effect on such a large economy.

Tweet us @AlRasSteel to discuss

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