15
Apr
01:00
Chinese GDP and investment slow down, bad news for steel
China’s GDP grew 7% in the first quarter of 2015, according to official data from the National Bureau of Statistics released Wednesday. A decline in real estate investment and industrial production painted a bleak picture for steel demand this year, Kallanish notes.
7% GDP growth is in line with Beijing’s loose target of around 7% growth over the whole year. However, analysts have pointed out that the slowdown is continuing and a turnar…
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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