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Trouble at the mill: China’s declining steel demand has cape owners on edge

China’s plummeting steel demand and falling prices for the metal are putting cape owners on edge.China’s steel market, the world’s largest, has experienced a sharp sell-off over the last 10 days and steelmakers are increasingly looking to idle steel plants as their margins take a beating with steel prices crashing to 2020 levels. China’s steel …

WP_Post Object ( [ID] => 274239 [post_author] => 76 [post_date] => 2022-06-24 08:53:21 [post_date_gmt] => 2022-06-24 08:53:21 [post_content] =>

China’s plummeting steel demand and falling prices for the metal are putting cape owners on edge.China’s steel market, the world’s largest, has experienced a sharp sell-off over the last 10 days and steelmakers are increasingly looking to idle steel plants as their margins take a beating with steel prices crashing to 2020 levels. China’s steel …

[post_title] => Trouble at the mill: China’s declining steel demand has cape owners on edge [post_excerpt] => China’s plummeting steel demand and falling prices for the metal are putting cape owners on edge.China’s steel market, the world’s largest, has experienced a sharp sell-off over the last 10 days and steelmakers are increasingly looking to idle steel pl... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => trouble-at-the-mill-chinas-declining-steel-demand-has-cape-owners-on-edge [to_ping] => [pinged] => [post_modified] => 2022-06-24 08:53:21 [post_modified_gmt] => 2022-06-24 08:53:21 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=168417 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )