08
Dec
11:25
Commodities pressure remains in 2016, nickel unpredictable: Fitch
Chinese commodities demand will continue to weaken as the economy deleverages and adjusts from investment-led to consumer-led growth, according to Fitch. The credit rating agency sees Chinese gdp growth of 6.3% on-year in 2016 versus 6.8% this year.
In 2015 global mining companies’ cost-cutting has been aided by falls in diesel prices and foreign exchange movements, which are unlikely to be repeated in 2016. “With limited revenue growth expected in 2…
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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