10
Nov
11:13
Growing exports won’t save Chinese steelmakers: Moody’s
China’s steel exports could continue to grow in the next two years but it will not be enough to compensate for falling domestic demand, according to the latest report from Moody’s. As a result, inefficient producers will slowly begin to close down, to the advantage of the top performers, the ratings agency adds.
China’s apparent steel demand is already down -3.66% year-on-year over January-September, Kallanish calculates. That fall is expected …
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Anonymous
Very good overview of the weekly steel market.
Anonymous