12
Mar
10:51
Holiday inhibits Chinese automobile production
Due to the Chinese New Year holiday, Chinese automotive production was only 1.5 million units in February, down 37.06% month-on-month, but up 420% year-on-year. The production also exceeds the level of the same period in 2019, according to data from the China Association of Automobile Manufacturers (CAAM).
The February production pushes year-to-date output to 3.89m units, up 88.9% y-o-y, Kallanish notes. Passenger cars showed better performance than commercia…
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Anonymous
Very good overview of the weekly steel market.
Anonymous