Home Page : Archive News : July 2011 News : Asian Steelmakers to Report Drop in Second Quarter Profits

Asian Steelmakers to Report Drop in Second Quarter Profits

July 20, 2011

The double whammy of high input costs and weak demand is expected to have squeezed margins of Asian steelmakers in the June quarter, but the fall in profits could bottom out in the third quarter as seasonal demand picks up.

Source: http://www.cnbc.com/id/43833304?__source=RSS*tag*&par=RSS
 
Related Updates