16
Jan
05:06
CISA: China's 2020 auto steel demand to decline
The China Iron & Steel Association (CISA) estimates that automotive steel demand will decline by -2% year-on-year in 2020 to 51 million tonnes. China's automotive sector meanwhile continued to recover in December, Kallanish notes.
In December, automotive production was up 8.1% year-on-year at 2.68 million units, according to the China Association of Automotive Manufacturers (CAAM). That brought production over the year to 25.72 million units, down -7.5% y-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous