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Global Market Outlook: "Over-production" is the big fear in all regions - and may be holding steel prices down

Featuring Mark Wiggett

May 7, 2013 11:30:00 EST (5:28 mins)

In this latest video, Mark Wiggett, editor for Platts Global Market Outlook, looks at the market for April as sentiment in China turned down, leading to lower steel prices in China and the Asian region. He considers the likely price development going through the second quarter. Mark also looks at February's production figures that showed global output to be only 5% lower than in January despite the shorter month, which is leading to the fear of over-production in many regions.

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