Some NEW bearish price developments in this sector which has NEW bearish implications for the industrial export currencies vs. import currencies.
Major Taiwanese producer, CSC, has announced a domestic list price cut of 7.4 percent, on average, for June shipments, compared with the figures published for the April/May period.
In Poland, second quarter strip mill product prices are slightly higher than in the first trimester, when measured in euros, but exchange rate fluctuations mean they are lower in zloty terms.
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