14
Oct
01:00
Chinese mills investing in high-end grades to substitute imports
China’s steel exports may have surged this year but imports have also increased 5% to over 11 million tonnes over January-September and are concentrated in high-end sectors such as certain automotive and special grades. To counteract this surge, China’s steelmakers are looking to capture this more lucrative Chinese steel market for themselves and are investing accordingly, Kallanish reports.
China’s Wuhan Iron and Steel (Wugang) has been pu…
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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