24
Jul
09:26
Japan fears Chinese steel export surge
The biggest risk to the Japanese steel industry is higher exports from China, according to Koji Kakigi, chairman of the Japan Iron and Steel Federation (Jisf). Chinese exporters have been taking advantage of the cheaper CNY/USD exchange rate to sign deals, but still expect a tough year, Kallanish notes.
“Our biggest worry is a scenario that the U.S.-China trade wars would dent China’s local demand, leading to a surge in China’s steel …
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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