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Prices Go Awry Amid Shifting Markets Downturn in China Leads Retreat

Publication Date: 17-DEC-08
Author: Tom Nicholson
Format: HTML

    
Description:
Uncertainty prevails in Asian construction markets this quarter as the global financial scare causes materials price indexes to go awry. A drop in building demand across China and Southeast Asia in the past two months has sparked a broad-based deflation of materials prices following record-high levels for steel, scrap, rebar, copper, and others, which peaked just months ago.
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