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11 Jul
09:59

China’s steel industry needs more effective second-half stimulus

In the past six months, China's efforts to promote stimulus policies to ensure economic growth have not supported steel demand as well as expected. As for the move under consideration to issue next year’s special bonds in advance, the stock market and commodities rose in response. But its effect on boosting steel demand is being questioned, Kallanish notes. At the start of June, the Ministry of Finance required the issuance of this year’s all spe…
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