BSL 0.42% $21.62 bluescope steel limited

Slowdown - higher AUD - oversupply in China. All point one way...

  1. 702 Posts.
    Slowdown - higher AUD - oversupply in China. All point one way imo.


    Steel companies have enjoyed a phenomenal run over the past four years, with the S&P 500 Steel Index in the US soaring 600 per cent. But stockbrokers UBS and Credit Suisse warn the rally may be ending, with US construction activity slowing.


    http://www.thewest.com.au/default.aspx?MenuID=32&ContentID=24046
 
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