Asia's steel and plastic prices slump as trade war takes toll

Excess output from China slowdown spills into neighboring markets

20190713N China steel plant REUTERS

A steel plant in Hefei, China. Domestic demand for steel has waned during the trade war, undercutting prices in the region. © Reuters

AKIO OKAMORI, Nikkei staff writer

TOKYO -- The price of industrial materials has dropped sharply as China's economy slows in the wake of the yearlong trade war with the U.S.

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