26
May
13:14
China’s 2023 demand to grow slowly: Bayi Steel
Bayi Steel, Baowu’s listed subsidiary in Xinjiang, remains cautiously optimistic about future industry demand in China, according to its responses to investors’ questions.
The company forecasts China’s steel demand in 2023 will see a slow growth compared with last year, Kallanish notes. Within this, demand in the second quarter is expected to be better than Q1.
In addition, local enterprises in Xinjiang are expected by Bayi Steel to see inc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous