With major Chinese steel manufacturers agreeing to price hikes on iron ore, steel prices will definitely be increasing in the short term. Will this affect the costs of Made-in-China products? Will the price increases work to China's advantage in the world markets? Will Made-in-China products continue to be highly competitive?
Tell us what you think.
Quoting from [lovechina]:With major Chinese steel manufacturers agreeing to price hikes on iron ore, steel prices will definitely be increasing in the short term. Will this affect the costs of Made-in-China products? Will the price increases work to China's advantage in the world markets? Will Made-in-China products continue to be highly competitive?
Tell us what you think.
Long term: Difinitily YES
Short term: NO