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    In The 09 Year, World Steel Output Decreased By At Least 10%.

    2008/12/29 0:00:00 69

    Analysts said that the output of global steel companies in 2009 will be reduced by at least 10%.

    This is probably the largest year-on-year decline in more than 60 years.

          最悲觀的預測顯示,鋼鐵產量可能至少需要四年才會恢復到2007年的水平。拋開世界大戰時期不計,在鋼鐵業不景氣時間持續或超過四年的情況中,此次預計的經濟低迷期將成為100年來僅有的第五次。

    The steel industry is one of the biggest hit by this year's financial turmoil.

    Since mid 2008, the share price of many steel groups has fallen by more than 2/3.

    Companies such as construction, automobiles and white goods industries suddenly cut orders in September and October this year. Many of the steel producers including LakshmiMittal, ArcelorMittal, Severstal and Severstal of India's Tata Steel (TataSteel) have slashed production.

    Editor: vivi

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