10
May
11:00
China’s ferrous investment continues to slide in Q1
China invested CNY 65 billion ($1 billion) in its ferrous smelting and rolling sector in the first quarter of 2016, -3.1% less than a year earlier, according to the China Iron and Steel Association (CISA). Private investment was boosted by the need to revamp facilities to maintain production, Kallanish notes.
As private mills have not previously been forced to install key environmental equipment or meet strict standards in the past, they still have some catching…
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Anonymous
Very good overview of the weekly steel market.
Anonymous