12
Jul
08:12
Chinese automobile output keeps growing in June
China’s automotive production continued to grow in the first half year of 2017, according to the latest figures from the China Association of Automobile Manufacturers (CAAM). In H1 the implied automotive steel demand increased 6.41% year-on-year to around 21.49 million tonnes, Kallanish calculates.
Vehicle production grew more slowly than in 2016 due to higher sales tax, but strong growth in steel-intensive commercial vehicles production has help…
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Anonymous
Very good overview of the weekly steel market.
Anonymous