AUTOSHOW-Delphi CEO sees steel prices easing

Newswire

PARIS, Sept 24 (Reuters) - A ramp-up in global production capacity and the economic slowdown in China should soon help ease the burden of high international steel prices, the head of one of the world's leading automotive suppliers said on Friday. "China is slowing down ... which will help alleviate some pressures. There is a lot of capacity being put on around the world, which will also begin to alleviate pressures," said J.T. Battenberg, chairman and chief executive of Delphi Corp. . ...

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