Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto
Baua Electric
APRIL 30, 2023
Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. But capacity utilisation in manufacturing and other sectors in the quarter was 74.5 per cent, 1.3
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