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July, 6th 2020

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China Steel Intelligence

Issue 46 Feb. 6, 2020

CSI: Uncertainty is contagious

Chinese spot steel markets remain quiet and are likely to remain subdued well into February. Government efforts to bring demand forward earlier in the year have been forgotten as the Wuhan coronavirus shutters factories and prevents workers from returning to their city of employment.

Uncertainty will dominate the market until …

Issue 45 Jan. 10, 2020

CSI: Chinese New Year brings demand hopes

Chinese steel markets fell quiet at the end of 2019 and are likely to remain quiet until the Chinese New Year holiday at the end of January. A quickening increase in inventory levels is being offset by expectations of firm demand in the first half of the year. 

Government support …

Issue 44 Dec. 6, 2019

CSI: Construction and infrastructure will drive China in 2020

After a strong 2019, China’s steel sector is due to slow down in 2020. Demand however is still expected to grow slightly as construction will remain robust, and infrastructure investment should pick up. The slowing Chinese economy is expected to drag down Chinese steel demand in the medium term, but …

Issue 43 Nov. 4, 2019

CSI: China faces structural pressures

China’s steel markets fell but then steadied in October. That is giving the market a useful moment to catch its breath and look at what is to come. With the Chinese economy slowing, Beijing refusing outright stimulus and developers looking at their cashflow, how concerned should the steel sector be …