17
Jan
05:17
China’s real estate industry reports difficult 2022
On Tuesday, the National Bureau of Statistics (NBS) announced annual data for China’s real estate industry, suggesting a difficult year. The steel market reaction was however muted as it was widely expected, Kallanish observes.
The annual investment in the industry totalled CNY 13.29 trillion ($1.96 trillion), which was down 10% year-on-year, NBS data shows. This implies December investment at CNY 903.2 billion, down 8.9% month-on-month and 12.2% y…
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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