Cryptocurrency Q&A
Why is metal price dropping?
Why is metal price dropping?
CryptoAce
Sat Oct 26 2024
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6 answers
1403
I've been keeping track of metal prices recently, and I've noticed a significant drop. I'm wondering what factors could be causing this decrease. Is it due to a decrease in demand, an increase in supply, or some other economic factors? I'd like to understand the reasons behind this price drop.
6 answers
CryptoAlchemy
Sun Oct 27 2024
The reduced demand for steel from the construction sector is creating Ripple effects.
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DondaejiDelightfulCharmingSmileJoy
Sun Oct 27 2024
The decline in the steel market is a consequence of China's ongoing construction slowdown.
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CryptoPioneer
Sun Oct 27 2024
The slowdown is due to various factors including policy adjustments and economic shifts.
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Stefano
Sun Oct 27 2024
These ripple effects are being felt across global steel markets.
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Martino
Sun Oct 27 2024
China has tightened restrictions on financing for real estate developers, impacting the industry.
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