World Steel Dynamics expects 2008 International Iron and Steel shortage of supply, increased demand for steel in developing countries, if continued into 2009, the international price of hot-rolled coil exports will reach 1,000 to 1,100 U.S. dollars / ton.

    World Steel Dynamics (World Steel Dynamics, referred to as "WSD") 9 18 in South Korea POSCOCENTER Development Conference, held in the steel industry to forecast in 2009 of the world export price of hot-roll will be 1,000 to 1,100 U.S. dollars / ton (FOB).

    WSD said that since 2008 the International Iron and Steel in short supply, but also China and other developing countries, increased demand for steel, iron and steel prices rose two-fold, if the short supply situation in 2008 continued into 2009, the international export price of hot-rolled coil will reach 1,000 to 1,100 U.S. dollars / ton.