16
May
10:52
China’s FAI slips but infrastructure boosts steel
China’s total fixed asset investment (FAI) grew 10.5% year-on-year to CNY 13.26 trillion ($2.03 trillion) over January-April, slightly slower than growth over January-March, according to the National Bureau of Statistics (NBS). Some key steel-intensive sectors such as railways saw a continued recovery after a slow start to the year, however, Kallanish notes.
Although FAI growth retreated after its surge in March, it is still providing support for…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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