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Asian Metals and Mining to Regroup in a Low-Inflation, Lower-Cost Environment
JOHANNESBURG--October 28, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Asia's growth engine has been increasing at such a pace for two decades that the positive project development impetus is still being maintained beneath the tremors of the current credit crunch and banking crisis. A dramatic slowdown in most industrial sectors, including Metals & Minerals, is being witnessed in curtailed output, advancing dates for early plant maintenance and the reworking of budgets and targets.
Companies featured: Goldman Sachs (NYSE:GS), Nippon Steel Corporation (TYO:5401), JFE Holdings Incorporated (TYO:5411), Reliance Infrastructure Limited (BSE:500390)
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Industry Segment: Metals & Minerals
Word Count: 1087 Words
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