22
Dec
00:00
Chinas steel exports to hit 95m t in 2015: analyst
China’s steel export volumes could still grow by another 2-3% to 95 million tonnes in 2015, according to analysis by local information provider MySteel. Recovering developed economies and the continuing depreciation of the Chinese Yuan will help keep exports at high levels, it adds.
China’s steelmaking overcapacity is likely to continue to push down prices, making its exports more competitive, MySteel says. At the same time, the US economy is rec…
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Anonymous
Very good overview of the weekly steel market.
Anonymous