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SINGAPORE — Chinese steel mills, suffering from weak demand at home, have either defaulted on supply contracts or have deferred taking shipment of as much as four million tons of iron ore this month after a rapid decline in prices, traders said.
But many retailers were wary after the attacks, and a flood of companies reportedly canceled or deferred orders and shipments.
During the conference call there was a mention of $500 million of deferred revenues from shipments from last year which will be apportioned in future quarters.
He deferred to Idzik.
"They were deferred.
Necessary maintenance was deferred.
More like deferred frustration.
So there's deferred maintenance.
They are deferred.
A deferred prosecution agreement.
"They're deferred compensation.
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