China’s Slowdown Sends Shivers – WSJ.com

China , Metals Jul 22, 2010 No Comments

Since China’s government started cracking down on its overheating property market in mid-April, global prices for aluminum are down 18%; for copper, 13%; for lead, 19%; and for nickel, 27%, though prices for all of those metals have stabilized somewhat in recent weeks. Steel prices in China are down about 15% over the period. Analysts say there could be further declines, as growth in China’s huge construction sector continues to ease.

via China’s Slowdown Sends Shivers – WSJ.com.

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Rod Sherkin

Rod is a former senior executive, responsible for Purchasing, for both Pillsbury and Ball Packaging back in the 80’s and 90’s. Since then, he has continued to work in the Purchasing field as both a consultant and founder of the website Propurchaser.com.

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