16
Sep
12:05
Chinese August fixed asset investment maintains growth
China’s fixed asset investment (FAI) increased slightly in August, but infrastructure investment was still insufficient to boost the steel industry, according to data released by the National Bureau of Statistics.
The country’s total FAI excluding rural households was CNY 36.71 trillion ($5.24 trillion) over January-August, rising 5.8% on-year, ten basis point higher than the growth registered in July, Kallanish notes.
Meanwhile, FAI in the prima…
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