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Kallanish Kallanish

Knowledge matters Knowledge matters

August, 7th 2020

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CSI: China’s steel sector outlook brightens for H2 (July 3, 2018)

China’s economy has been more robust than expected this year, especially construction levels over the last two months. Despite the threat of a major trade war with the USA, there is significant optimism in the market on demand in the second half. As it is time for our biannual review of our forecasts, we are pushing up our outlook slightly to reflect better construction and infrastructure demand, as well as strong automotive, white goods and shipbuilding demand.

Although the market is now entering its summer slowdown, a strong second half could again buoy traders and steelmakers.

The question now is, will the autumn bring what the market expects, or are there new surprises to come?