13
Jun
07:07
China's automotive output tumbles further in May
Chinese automotive production continued to extend its decline in May, according to the latest data from the China Association of Automobile Manufacturers (CAAM). Sales of commercial vehicles also started falling last month, which is expected to further reduce steel demand in the industry, Kallanish notes.
Total automotive production in May fell -21.16% year-on-year to 1.848 million units, leaving output over the first five…
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Anonymous
Very good overview of the weekly steel market.
Anonymous