


| Asia's steel and plastic prices slump as trade war takes toll |
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TOKYO -- The price of industrial materials has dropped sharply as China's economy slows in the wake of the yearlong trade war with the U.S. Hot-rolled steel coil, used in cars and industrial machinery, now hovers at $550 per ton for East Asia-bound shipments, down 10% over a year. The price declined sharply last fall as the trade war intensified.
Posted: 2019-07-13 23:15:00
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