15
Feb
09:41
China to focus on overcapacity and ‘zombie’ steelmakers
China’s Ministry of Industry and Information Technology (MIIT) says it will focus on handling overcapacity and “zombie” steelmakers this year in order to see the steel industry through the current downturn. The ministry’s measures may have an impact on sentiment but are unlikely to change the fundamentals of the market in the short term, Kallanish notes.
MIIT notes that 2015 was the start of a steel industry “...winter,&rd…
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Anonymous
Very good overview of the weekly steel market.
Anonymous