Recently, domestic ferrous metal market, which is priced by China performed significantly better than overseas priced products such as energy and non-ferrous metals. Industry insiders believe that the asynchrony of domestic and foreign economic cycles and currency cycles is the main reason for the diverged price trend. At present, steel, non-ferrous metals, and chemicals are generally in the recovery stage.
Economy Recovers Steadily
Recently, domestic ferrous metal market, which is priced by China performed significantly better than overseas priced products such as energy and non-ferrous metals.
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