14
Jul
12:01
Five Chinese listed steelmakers predict first-half losses
Last week, five Chinese listed steelmakers predicted losses for the first half of the year, mainly due to the slower-than-expected recovery of downstream industries, Kallanish learns from their exchange filings.
Chongqing Iron and Steel notes that the suffering real estate industry is the main drag. Even though second-quarter demand recovered slowly in some areas such as Xinjiang, all companies believed that raw materials prices falling slower than steel prices im…
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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