06 July 2010 20:29 [Source: ICIS news]
A lagging recovery in the North American construction industry and weak demand from Europe had buyers and sellers settling July contracts down 3 cents/lb ($66/tonne, €53/tonne) for July, depending on quantity and other contract terms, the sources said.
Falling EPS prices in Asia caused by weak demand from China contributed to the price drop as North American producers fought to stay competitive with less expensive Asian imports, a source said.
($1 = €0.80)
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