21
Aug
18:44
Chinese real estate turmoil stunts economic growth: GlobalData
China's real estate sector turmoil has cast a large shadow over the country’s economic growth, which, on account of China’s circa 50% share in global steel consumption, is eagerly monitored by steel market participants.
The latest debt crisis in the sector is the result of financial problems at real estate giant Country Garden (see Kallanish passim).
“Investment in the Chinese property market plunged nearly 8% in H1 2023 when compared to the…
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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