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CSI: Chinese output data is wild and untamed

CSI: Chinese output data is wild and untamed (March 6, 2019)

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In a quiet month for Chinese data, we will take the opportunity to look at some of the revisions in official data, especially a mammoth change in Hebei. With a lack of quality data on the Chinese steel sector, the quirks and quandaries are key to understanding the market.

With inventories starting to turn meanwhile, we also look at the relative tightness of the market compared to last year.

The question now is, has production been tamed enough to suit weaker demand?

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