27
Nov
09:47
China’s railway investment no longer boosts steel demand
China’s thirteenth five-year plan (2016-2020) includes another ambitious expansion of its railway network, according to reports. The investment figures may be enough to sustain railway construction as a steel consumer but certainly will not expand on volumes, Kallanish notes.
Reports in the Economic Information Daily say that the thirteenth plan, which will be made public in spring 2016, includes a target of CNY 2.8 trillion ($438 billion) in railway …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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