14
Sep
07:23
Chinese real estate investment stabilises but sales fall
Chinese real estate data released Thursday continues to show stable investment but slowing sales and construction activity. The year-on-year growth in sales suggests less strong steel demand in the traditionally hot seasons over early September and beyond. A rebound in the growth of new starts however could still support solid construction steel demand, Kallanish notes.
Total investment in real estate over January-August was up 7.9% year-on-year to CNY 6.95…
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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