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ArcelorMittal Message Board

  • kookookloc2 kookookloc2 Sep 16, 2012 5:10 PM Flag

    Ghost Inventories Article

    I do not know how to attach, but there is an article about companies in China using steel inventory as collateral for loans. When these loans go bad, the steel is not found in warehouse or that it was promised to others. How does this affect companies not in China. Could it mean there is less steel flooding the market and allow prices to rise? Thx.

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