19
Jan
09:41
China’s GDP and FAI slow but no collapse
China’s official GDP growth figures for 2015 published by NBS came in at 6.9% on Tuesday, with Q4 growth at 6.8% y-o-y, above what some analysts had feared. The news pushed Chinese stock prices back up but the core components of the GDP figure remain negative for steel demand, Kallanish notes.
Market sentiment received a much needed boost from the figures. The Shanghai Composite Index, reflecting the Shanghai stock market, closed up 3.22%, returning over 3…
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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