Materials Forecast - Unfulfilled Hopes

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January 1, 2008 - But today’s world economy is far less U.S.-centric. China consumes 35% of the world’s steel; Chinese consumption was expected to grow 11.4% in 2007 and 11.5% in 2008. Petroleum and Plastics Plastics using oil and natural gas as feedstocks have naturally been affected by the high, volatile prices.
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