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China’s steel markets, and markets globally, lost confidence in April. Data shows steel demand continuing to recover, but not at the speed some had hoped. Positive Q1 data meanwhile has been followed by a slowdown in real estate and manufacturing in April. A resetting of expectations for the second half of the year is now underway.
China could still see an increase in demand over the year, but policy intervention will be needed to boost steel margins and to keep exports from pressuring global steel prices.
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous