Seven days strike in BHP BMA Bowen Basin Coking Coal Mines. Queensland. Australia could have an effect in coal prices. After Australian floods, the strike will have another negative impact in Australia coal production.
¿May have more influence in steel prices the combination of strikes and floods than the depressed economy?. Certainly no. Our forecast is that prices will continue going down.
STEEL BLOG is more on the opinion of Nippon Steel about weak steel prices for 2012
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