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[Ferro-alloys.com] According to the investigation of www.ferro-alloys.com, cored wire price had touched bottom in China. As downstream demand was weak, operation was bad. Meanwhile, most cored wire manufacturers had difficulty in collecting cash as steel industry in downturn. Cored wire was a small variety of raw material and mills did not pay much attention. Most cored wire factories were very small and overall industrial concentration was quite low, which made money collection more difficult. This problem impeded reproduction greatly.

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• [Editor:Mike.zhang]