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16 Aug
07:50

Chinese automobile production continues to grow in July

China’s automotive sector saw a decline in production and sales in a hot July, mainly due to seasonal issues. However so far the sector has remained a bright spot for end-user steel demand in 2017, with implied demand now up 6.65% year-on-year, Kallanish calculates. China produced about 2.06 million vehicles in July, down -4.98% from June but still up 4.76% year-on-year, according to the China Association of Automobile Manufacturers (CAAM). Over January-Ju…
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