11
Dec
08:55
Tax relief boosts China automotive market
China’s automotive production and sales have rebounded in November and are set to see a strong end to the year as tax breaks reboot demand. The data means implied steel demand from the sector look set to see some growth from 2014 after an appalling first nine months of the year, Kallanish notes.
China produced a massive 2.54 million vehicles in November, up 17.74% year-on-year, according to the China Association of Automobile Manufacturers. That brought th…
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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