17
Jun
01:00
Chinas urban transit to support steel demand until 2020
China intends to increase the pace of urban rail transit construction over the year to 2020, supporting demand for construction steel and rails. The National Development and Reform Commission (NDRC) expects 500km of lines to be completed each year over 2016-2020, up from 400km in 2015.
Although China’s steel demand has been weak this year, infrastructure building has remained a rare source of demand growth, Kallanish notes. China expects its …
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Anonymous
Very good overview of the weekly steel market.
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