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Capacity vs demand: is China finally winning the battle?

Capacity vs demand: is China finally winning the battle? (Feb. 28, 2017)

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China’s steel market is heading into the period of peak demand on a very positive note, with prices for steel and iron ore soaring. Data is scarce in the first month of each year but in this issue we first look at market inventories, which appear to have peaked, and real demand, which is only just kicking off. Despite 2017 demand expected to be down slightly year-on-year, the sequential change in demand should be enough to fight off the bears for a few more weeks at least.

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