03
Aug
10:02
Bengang expects a less volatile second-half market
Benxi Iron & Steel (Bengang) expects less volatile steel markets in the second half of 2017, according to Bengang chairman Chen Jizhuang. The views, given in a recent interview, differ from Shagang chairman Shen Wenrong, who recently said that he expects much more fluctuation in steel prices over H2 (see Kallanish 27 July).
Bengang says the market should be stable in part because of strong economic growth in the first half-year and strong steel demand f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous