Electrical Steel Market Report Sep 2011
2011-10-13 14:59:38 【Print】
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The electrical steel market went down in general during the month due to limited transactions, though sellers tried to keep it firm stressed by the high cost. Sources predicted that the dim trend will continue in October, and the price will further go down.
1. Financial News
EU crisis intensified, and CCI (Consumer Confidence Index) further decreased from -16.5 of August to -19.1 of September. Global economy kept recessing.
China’s RMB kept appreciating, with the exchange rate with US dollar as high as 6.3549 by 30th September.
1. Financial News
EU crisis intensified, and CCI (Consumer Confidence Index) further decreased from -16.5 of August to -19.1 of September. Global economy kept recessing.
China’s RMB kept appreciating, with the exchange rate with US dollar as high as 6.3549 by 30th September.
