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12 Jan
11:39

Chinese property woes could hamper steel demand: Fitch

The Chinese property market will continue to cause concern well into 2022, which could result in far lower economic growth and therefore hamper steel demand, according to Fitch Ratings. Chinese authorities will try to engineer a soft landing for the property sector, following their attempts to rein in growing leverage. If the economic slowdown does happen, this would hit capital goods exporters to China, commodity prices and, by extension, commodity producers, the…
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