CHINA STEEL

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A worker stands near stacks of steel beams at a stock yard in Shanghai, China. China's government has already come up with plans to help the automobile and steel sectors, and is working to formulate overarching policies to help others, Premier Wen Jiabao said last Friday. China's steel industry has suffered greatly in the past year as demand and prices waned while most major steel manufactures were stuck with iron ore contracts made during the height of the commodities boom..05 Jan 2009
A worker stands near stacks of steel beams at a stock yard in Shanghai, China. China's government has already come up with plans to help the automobile and steel sectors, and is working to formulate overarching policies to help others, Premier Wen Jiabao said last Friday. China's steel industry has suffered greatly in the past year as demand and prices waned while most major steel manufactures were stuck with iron ore contracts made during the height of the commodities boom..05 Jan 2009
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