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11 Mar
10:38

China automotive growth stalls in February

Chinese automotive production and sales had a weak month in February, the latest data from the China Association of Automotive Manufacturers (CAAM) show. The data brings year-to-date steel demand from the sector back down to Kallanish’s forecast but another couple of weak months and the forecasts may have to be revised. China produced 1.61 million vehicles in February, down 1.31% year-on-year, while output over the first two months of 2016 was still up 3.7…
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