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A worker stands amidst piles of steel products at a trading stockyard in Shanghai, China. The demand for steel has increased dramatically with the country's rapid economic expansions. However the government has recently announced a price hike in industrial-use electricity to discourage blind and unauthorized expansions in some power-hungry industrial sectors and ordered a halt in production of steel beams used in constructions in an attempt to cut electricity shortages expected for the incoming summer..17-JUN-04
A worker stands amidst piles of steel products at a trading stockyard in Shanghai, China. The demand for steel has increased dramatically with the country's rapid economic expansions. However the government has recently announced a price hike in industrial-use electricity to discourage blind and unauthorized expansions in some power-hungry industrial sectors and ordered a halt in production of steel beams used in constructions in an attempt to cut electricity shortages expected for the...
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