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Chinese steel production is peaking. By 2025, the end of the new five-year plan, output will almost certainly be lower than last year’s record. The government has said however that it wants output to decline this year.
Considering the strong y-o-y growth in output seen so far this year, cutting output so quickly will be an uphill struggle. Will China be willing to take the drastic steps necessary to achieve that goal, or will it accept a slower transition to lower steel output?
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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
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