There are no signs of a rapid reduction in the prices levels. Even in case of reducing them, they will not come back to the weak point they reached two years ago. The demand growth for steel does not constitute a transient case. Demand for steel is expected to keep increasing with the continued recovery of the world economy. This will increase steel consumption consequently it will push in the direction of keeping prices at the levels they had reached without having any rapid fluctuations neither in the upward nor the downward direction.
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