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East and North Africa unrest intensified, hit the local economy, the impact on the global steel market also began to appear: the local demand for steel dropped, resulting in global scrap prices fall. WSD expects MENA unrest will lead to the global steel market price peak time delay. China's second largest steel exporting regions, changes in the situation in the region, the impact on the future of Chinese steel exports also deserves attention.
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2011 years in the Middle East steel demand is expected to be stagnant World steel pipe network editing , because from the North African countries. Due to rising oil prices, the Middle East steel consumption is expected to resume growth in 2012, the rate is 7.9%. The region's political instability caused by forecasting difficult, there are many uncertainties world pie network information .
steel futures weekly / monthly analysis report