14
May
09:40
Chinese automobile production slows on-month in April
Over January-April, Chinese automobile output ended a period of year-on-year decline, according to the China Association of Automobile Manufacturers (CAAM). However, output decreased rapidly in April compared with March, Kallanish notes.
China produced 2.4 million vehicles in April 2018, with a growth of 11.2% year-on-year, but down -8.79% month-on-month. Implied finished steel demand was up 4.75% y-o-y to 15.29m tonnes over January to April. In April, dem…
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Anonymous
Very good overview of the weekly steel market.
Anonymous