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11 Mar
00:00

Automobile production in China slows further

China’s automobile production growth has been slowing for months and February statistics showed further cause for concern in one of the few steel consuming sectors still expanding. A sharp fall in February production leaves year-on-year production growth at just a fraction of levels seen in recent times, Kallanish notes. February’s automotive production was down another -28.7% from January and -0.4% year-on-year at 1.63 million units, according t…
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