They're getting hit on both sides. The steel overhang in Asia, particularly in China, means second-half prices they're receiving may not pick up.
Tony Farnham
The question now is what happens in the longer term.
question
steel asia china receiving
The issue for them is to get through the Asian overhang. The story for them is about price improvements, and that the investments they've made in Asia will pay fruit later.
story fruit price asian made asia
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