Meanwhile, affected by production costs, steel pricesin 2011 will be relatively high; however, fluctuationsinprices may be seen and so traders should be more cautious.
These speculators exacerbated the fluctuationsinprices since they helped bid up oil prices further when they were high, and helped lower them further when these prices were low.
The exchange rate has been volatile due to the fluctuationsin oil prices and growing uncertainty as a result of higher risk aversion associated with the debt crisis in Europe.