16
Oct
11:22
China approves nine new major projects
China’s National Development and Reform Commission (NDRC) approved nine new infrastructure projects including highways, railroads, canals and bridges. China’s infrastructure spending has been one of the few factors boosting steel demand so far this year, Kallanish notes.
The projects include two railroads with a combined investment of CNY 26.76 billion ($4.22 billion). That could generate over 890,000 tonnes of steel demand. Also listed are two highw…
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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