"NBA lockout" is a term unique to the NBA, is that due to various causes situation sports league suspension. For various reasons in NBA history happened four league "shut down" situation, most recently in 1998-1999 season, when the big players in NBA employers seek to restrict the case of high income in the talks is the case, League eventually "shut down", Jordan also will be retired.
The NBA first shutdown occurred in 1964. NBA then just went out the newly established time the difficulty, the alliance income starts to grow, but player's benefit actually cannot obtain the safeguard, before in 1964 the entire star, player trade union President Heinsohn started previous 1 hour in the entire star, announced that all star players refused to participate in the entire star match, and refused to attend the following competition. Hereafter during several dozens years, NBA faced several times the shutdown crisis. NBA and at the beginning of ABA merge, player trade union to safeguard the ABA Central Africa university student player's benefit to hold the match and the parade, in 1995 and in 2005 to safeguard the player benefit, the player trade union also once before the match (to refuse to participate in season training) to threaten, forces the NBA alliance to make the concessions. Certainly, what is most famous is in 1998 that time is 191 day-long big shutdown.
NBA has always had two battlefields: one between the teams out on the arena battle, the other is between the players and the owners 'labor' Running. Whenever the collective bargaining agreement to be renegotiated when the NBA somewhat atmosphere Wind feeling. NBA collective bargaining agreement now in this year (2011) expired, 30 teams of owners has begun to discuss a new labor agreement, and the recent news from the players much more difficult: bosses are discussing the substantial get, more news that fell more than 50%. During All-Star Game in Dallas, Alliance President Stern and players union representatives will be a showdown, there are indications, NBA will once again face talks broke down, into a strike and the situation.
VTB Capital, said the recent round of steel price fell 20%, has basically bottomed out, is unlikely to continue to decline. VTB Capital analyst, said the last two weeks to heat the volume average price has remained at $ 780 / ton, the price is higher than the highest point in March this year, down nearly 20 percent, now at the bottom. The analyst said the end-user has been to reduce inventory, currently only on-demand procurement, the late third quarter, demand started to recover, steel prices may rise sharply.
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