06
Aug
15:58
US names China as currency manipulator
The US Treasury Department has designated China as a currency manipulator, a move that the domestic steel industry has long been calling for, Kallanish reports.
“In recent days, China has taken concrete steps to devalue its currency, while maintaining substantial foreign exchange reserves despite active use of such tools in the past,” the department says. “The context of these actions and the implausibility of China’s market stability rat…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous