27
Feb
05:42
CAAM opposes removal of foreign equity ratio restriction
The China Association of Automobile Manufacturers (CAAM) does not support the idea of removing restrictions on foreign ownership in the automotive industry, according to Securities Daily. If China eases certain restrictions for the automobile industry, Chinese steel imports could soar with increasing steel demand from foreign car-makers.
Shen Danyang, the spokesman of the Ministry of Commerce (Mofcom), said at the end of 2016 that China intends to ease rest…
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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