15
Aug
06:58
Automotive steel demand surges through summer
China’s automotive sector saw a smaller than usual decline in production in hot July, pushing its year-on-year growth figures even higher. The sector has been one of the few bright spots for end user steel demand this year, with implied demand now up over 9% year-on-year, Kallanish calculates.
China produced 1.96 million vehicles in July, down from 2.05m in June but still up 28.9% year-on-year, according to the China Association of Automobile Manufacturers…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous