Tag: China: Steel demand to improve in H1CY22 on govt measures to stabilise growth
-

China: Steel demand to improve in H1CY22 on govt measures to stabilise growth
Steel demand in China is likely to improve in the second half of the current calendar year (H2CY’22) in comparison with that of previous year with increased efforts by policy-makers to stabilize growth, particularly by boosting infrastructure construction, loosening the real estate market, and easing monetary policy. Monetary policy: Monetary policy includes Reserve Requirement Ratio…