04
Aug
01:00
Chinas railway, airport construction adds under 1mt of steel demand
China’s infrastructure spending has continued to increase rapidly in 2015, according to the latest figures from the National Development and Reform Commission (NDRC). The impact on steel demand has been insufficient to counteract a downturn in demand from commercial construction however, Kallanish notes.
Investment in railway building was up just over 10% in the first half of the year to CNY 265.1 billion ($43.3 billion). Investment in air traffic was …
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Anonymous
Very good overview of the weekly steel market.
Anonymous