11
Oct
08:46
China, Russia drive 2016 demand improvement forecast: worldsteel
Global finished steel demand will increase 0.2% on-year in 2016 to 1.5 billion tonnes, according to worldsteel. The forecast is a revision up from the -0.8% contraction projected last April, driven mainly by better-than-expected performance in China and Russia.
Chinese demand has been supported by government stimulus measures that have boosted infrastructure spending, real estate and automotive sales. “However, the rebound in the real estate market is limi…
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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