Rating agencies, Moody's said that the Chinese manufacturing PMI fell, coupled with the slowdown in economic growth in the Mainland and Europe reduced demand for 2012 steel demand increase of more than 8% from last year, fell this year, 4-5%, however, that the Asian steelThe industry outlook remains stable.
 
The report refers to the past few months, the cost of the steel industry in reduced demand for steel is expected to moderate recovery in the next 12 months, will moderately improve the profitability of the iron and steel enterprises. In addition, iron ore and coking coal prices since the end of fall, but due to tight supply is expected to remain relatively high historical levels.



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