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PRC should now further reduces prices ... like 10 cents for a ton of steel; otherwise things look really grim for "social stability" in PRC.
Lets see what CPC chooses .. selling at 10 cents a ton ... or joblessness in steel industry.
This could last till atleast 2020 .... after that the world will expect 0.1 cents per ton.
$hit .. capitalist market doesn't spare anyone .... not even socialist communist mother china.
Are you stupid?!
Ever heard about a global recession?
If you cannot post normal things, better leave it.
Don't quote me idiot.
It is about chinese economy NOT global recession. keep your suggestion to yourself.