Electrical Steel Market Report Oct 2011
2011-11-02 15:26:46 【Print】
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The electrical steel market kept running slowly during the month, with unimproved demand from downstream industries, while participants’ confidence shrank gradually. Sources predict the situation will go on in the coming month, with the cooling down weather.
1. Financial News
Premier Wen Jiabao invested Wenzhou City during the National Day holiday, pointing out to take measures to rectify financial order and support small enterprises by financial method.
National Development and Reform Committee claimed to move oil products from 9th October by RMB300/t on average, which was the first decrease of recent 16 months after four consecutive rises.
National Statistics Bureau posted the GDP increased by 9.1% in Quarter 3, 0.6% and 0.4% lower than the figure of past two quarters.
1. Financial News
Premier Wen Jiabao invested Wenzhou City during the National Day holiday, pointing out to take measures to rectify financial order and support small enterprises by financial method.
National Development and Reform Committee claimed to move oil products from 9th October by RMB300/t on average, which was the first decrease of recent 16 months after four consecutive rises.
National Statistics Bureau posted the GDP increased by 9.1% in Quarter 3, 0.6% and 0.4% lower than the figure of past two quarters.
