Tag: China: Inadequate demand growth- falling prices a worry; short-term steel outlook volatile

Economy showing early signs of recovery Production exceeds market expectations Falling raw material prices offer little support Morning Brief: A key steel index in China last week dropped 1.8% w-o-w and 14.7% y-o-y. The long steel index dipped 2.4% w-o-w and 14.4% y-o-y. The plate index dipped 1.5% w-o-w and 14.9% y-o-y. In a mixed…