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CSI: Is the Belt and Road made of steel?

CSI: Is the Belt and Road made of steel? (May 2, 2019)

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China took a more modest tone in its latest Belt and Road Forum, bringing it into line with most estimates of the steel industry which have rejected the very bullish outlook of some miners. Kallanish takes the opportunity to set out its view, alongside its count of new steelmaking capacity projects in Southeast Asia.

While recent media focus has been on the political aspects of the belt and road, alongside other issues such as the issues around Huawei and 5G, there is also a concrete impact on commodity markets such as steel from the pace and tone of investments.

The question now is, will demand generated outpace the growth in capacity?

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