21
Jul
08:33
China’s commodity housing reform benefits steel market
Following the country’s commodity housing reform policy, the removal of shanty towns becomes an inevitable issue throughout China, especially in third and fourth-tier cities. The acceleration of work to remove these can not only benefit the real estate sector in terms of de-stocking, but also potentially encourage a recovery in the steel market, Kallanish notes.
China plans to redevelop shanties containing 6 million housing units by the end of 2016. The co…
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Anonymous
Very good overview of the weekly steel market.
Anonymous