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19 May
19:47

Steel prices drive Canada's industrial price index higher

Rising steel prices boosted Canada's industrial price index 0.8% higher in April, Kallanish learns from data gathered by Statistics Canada. Statistics Canada's industrial producer price index suggests that pricing for basic and semifinished iron or steel products in Canada rose by 3.2% during April. Increasing steel pricing during the month helped boost overall primary ferrous metal prices by 3.3% during April to 126.5 points. The industrial prod…
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