China's Steel Demand Hiking Prices for Farmers
Evansville Courier & Press › August 19, 2004
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Summary
Gold bars, move over. Steel is the new "hot" precious metal.
Demand for rolled steel is up in China, which now uses about 31 percent of the world's steel. That means rising prices down on the American farm. Prices of hot-rolled steel set an all-time high of almost $500 per ton in February, and there were reports of $800 per ton steel in April.See the full content of this document
Extract
China's Steel Demand Hiking Prices for Farmers
For farmers, that means a blank subsoiler shank without holes went from $144 in January to more than $200 in April. Tool bars common ...
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