14
Feb
16:52
Chinese capacity closures lift global markets: Fitch
Fitch expects already-implemented capacity closures in China, which have seen capacity utilisation there rise to 84-85%, to continue having a positive impact on steel markets globally in 2018.
The capacity closures have led to higher Chinese domestic steel prices and greater profitability for producers, as well as lower export volumes that have improved the supply-demand balance in other regions.
Among the credit rating agency’s factors to watch in 2018…
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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