28
Sep
15:59
China’s steel industry enjoys profits but problems remain
The faces and body language of participants in the 17th China International Steel and Raw Materials conference in Qingdao on Wednesday showed they were the most relaxed they have been in years. They were so, that is, according to China Iron and Steel Association (CISA) vice chairman Wang Liqun. Little wonder, as profits have soared and CISA now expects Chinese steel demand this year to increase 3-4%, Kallanish notes.
Wang also warned however that avera…
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Anonymous
Very good overview of the weekly steel market.
Anonymous