Steel prices outlook good in first half 2007-Nippon

Newswire

NEW DELHI, March 26 (Reuters) - The outlook for steel prices in the first half of 2007 is good and the market for steel is growing globally, a top official at Nippon Steel Corp. said on Monday. "The first half of this year the outlook is very good for steel prices, surprisingly there is no excess supply from China," Akio Mimura, president and representative director of Nippon Steel told reporters on the sidelines of a steel meeting. "The market is growing globally." Mimura said the ...

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