11
Feb
02:13
Chinese steelmakers pessimistic for first quarter, inventories grow
Chinese steelmakers are finding it difficult to either purchase raw materials or to sell down rapidly building inventories, Kallanish notes. Steelmakers say they expect to book losses in the first quarter of 2020, but they hope that they can sustain cash flow.
The deputy manager of Lange Steel Cloud Merchant, Niu Guosheng, has concluded that Chinese steelmakers are stuck in an impossible position. With logistics controls getting more serious, steel produ…
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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