08
May
11:07
Increased Chinese output, weak demand to impact prices: Fitch
Fitch expects Chinese steel output to register a further increase in April as surging prices spur mills to bring idled capacity back on line. The resultant supply increase, coupled with weak steel demand growth in 2016, could lead to steel prices moderating, according to the credit rating agency.
Underlying end-use demand for ArcelorMittal (AM)’s products remains “…neutral/positive” in North America and Europe, and “…more di…
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