22
Jan
06:15
China‘s digger production extends rebound
China's digger production and sales in December 2023 went up for the fifth consecutive month and production reached a nine-month high. A key driver was the CNY 1 trillion ($139.2 billion) in additional national debt announced in Q4 2024.
Kallanish notes that domestic digger production reached 21,867 units in December, up 16.7% on-month, but down 4.6% on-year, according to the National Bureau of Statistics. December sales were 16,698 units in the same period, u…
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Anonymous
Very good overview of the weekly steel market.
Anonymous