10
Aug
12:41
NSSMC expects Chinese spending to support steel prices
Japan’s Nippon Steel and Sumitomo Metal Corporation (NSSMC) expects high steel prices through the rest of the year. Chinese infrastructure spending and capacity closures will be key, Kallanish notes.
"Beijing's economic stimulus has been bolstering the Chinese economy and domestic consumption will likely stay solid this year even after an autumn congress of the Communist Party of China," NSSMC executive vice president Toshiharu Sakae is quote…
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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