CSI: China’s restrictions look to disappoint

CSI: China’s restrictions look to disappoint (Oct. 2, 2018)

Sample files

China is leaving it to the last minute to give clarity on the depth of output restrictions during the winter heating period. Details released in late September were enough to undermine sentiment and send steel futures prices sinking however. In this issue we look at what we know and what conclusions we can make about production in the coming months. While not returning to the oversupply seen in previous years, it appears that Q4 is looking more oversupplied than Q4 last year.

Demand is also expected to be more supported than a year ago however, suggesting fluctuations in prices may be more contained than in recent years.

The question now is, how will the supply/demand balance and sentiment changes skew prices this year?

Download PDF Download Tables

Cookie & Privacy Policy

CSI: China’s restrictions look to disappoint (Oct. 2, 2018)

Latest prices

More Global Prices