13
Oct
13:00
Chinese auto sector surges, boosting steel imports
China’s automotive sector underwent its expected seasonal surge in September but the sector is not likely to see the month-on-month gain in steel demand repeated again this year. Month-on-month average daily steel consumption from the sector increased 27.1% in September, helping to drive Chinese steel import volumes, Kallanish calculates.
Chinese automotive production was up 27.6% m-o-m and 5.54% year-on-year in September at 2.67 million units, according t…
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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