Tag: Chinese steel industry
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Chinese Iron & Steel Industry Performance : H1 CY17 vs H1 CY16
H1 CY17 was characterized by sharp price hike in steel commodities in China. China’s crude steel output moved up by 4% Y-o-Y however steel exports declined sharply in the same period on yearly premises. Price hike in domestic market pushed export offers – Rising coking coal prices and improved buying in domestic market resulted in…