×

Slowdown in Asia's Steel Mills

9:50 PM ET Mon, 12 July 2010

Helen Lau, senior analyst, UOB Kay Hian, says steelmakers are set to post strong earnings growth in Q2 as a result of rising steel prices. However, she tells CNBC's Bernard Lo and Karen Tso that there will be a slowdown in demand which will hit steelmakers' bottom line in Q3.