14
May
06:46
China’s April auto production pulls back
China’s automotive production in April slid from a robust March, but still remained higher year-on-year due to strong demand, according to data from the China Association of Automotive Manufacturers (CAAM).
April output dropped 10.5% on the prior month to 2.41 million units, while remaining 12.8% higher y-o-y, Kallanish notes. Monthly new energy vehicle (NEV) output rose month-on-month against the overall trend to 870,000 units, while trucks were the product…
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Anonymous
Very good overview of the weekly steel market.
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