CSI: China faces H2 slowdown

CSI: China faces H2 slowdown (Sept. 4, 2019)

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After a strong H1, Chinese steel demand slumped in July and mills are now curtailing production as margins are squeezed. This has precipitated a sharp decline in iron ore and steel prices. But does this imply a collapse in H2, or will the seasonal recovery in October prevail? In this issue we look at our outlook for the second half, and what it means for Chinese exports. While in our expanded trade section we take a look at both the shifts in export destinations and the new phenomenon of Chinese semi-finished carbon steel imports. The question now is, how will China’s slowdown play out?

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CSI: China faces H2 slowdown (Sept. 4, 2019)

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