Steel

Steel products are pictured stacked at a steelworks in Seoul...Steel products are pictured stacked at a steelworks in Seoul January 28, 2014. South Korean steelmaker POSCO, backed by billionaire investor Warren Buffett, reported a smaller-than-expected 29 percent gain in quarterly operating profit as the stronger won and weak demand sapped steel prices. REUTERS/Kim Hong-Ji

Kim Hong-Ji/Reuters

Steel products are stacked at a steelworks in Seoul. South Korean steelmaker Posco, backed by billionaire investor Warren Buffett, reported a smaller-than-expected 29 per cent gain in quarterly operating profit as the stronger won and weak demand sapped steel prices. 

A worker operates in the blast furnace at ArcelorMittal's steel plant in Ostrava, Czech Republic. ArcelorMittal, the world's biggest steelmaker, said steel shipments will rise 1 percent to 2 percent this year compared with an earlier forecast of 2 percent in May.

Martin Divisek/Bloomberg

A worker operates in the blast furnace at ArcelorMittal‘s steel plant in Ostrava, Czech Republic. ArcelorMittal, the world’s biggest steelmaker, said shipments of the metal would rise 1 per cent to 2 per cent this year compared with an earlier forecast in May of 2 per cent.

A worker checks the steel reinforcement ...A worker checks the steel reinforcement bars at a construction site in Manila on May 29, 2013. Across the country, more than 850,000 square metres (9.1 million square feet) of office space and 14,000 residential units were reported to enter the market in 2012, property consultants CBRE Philippines said in a report in 2012.    AFP PHOTO / NOEL CELIS      TOPSHOTSNOEL CELIS/AFP/Getty Images

Noel Celis/AFP

A worker checks the steel reinforcement bars at a construction site in Manila on Wednesday. Across the country, more than 850,000 sq m (9.1m sq ft) of office space and 14,000 residential units were reported to enter the market in 2012, according to a 2012 report by property consultants CBRE Philippines