CSI: China looks for a rebound

CSI: China looks for a rebound (Feb. 4, 2019)

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With China already on holiday for the Lunar New Year, this month’s issue is a two-parter. Looking at the longer term, we take a wider look as steel export volumes from East Asia.

Although these fluctuate alongside Chinese exports, 2018 saw a further breakdown of the trilateral trade between China, Japan and Korea. At the same time, the world is running out of absorbent emerging markets to soak up exports from areas with excess capacity.

In the shorter term meanwhile we are looking at the market after the holidays. We think Chinese steel markets should see a strong seasonal improvement in the coming months despite the economic slowdown and other issues.

The question now is, will the peak be enough to sustain the sector through the year?

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CSI: China looks for a rebound (Feb. 4, 2019)

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