A slowdown in the real estate sector may pressure China's steel demand next year, according to analyst forecasts.
News ID: 8007 Publish Date : 2019/12/18
The Chinese government's 7 October move to add more stimulus to the economy, by freeing up banks' ability to lend more, could support the steel sector by pushing credit into the key real estate and manufacturing consuming sectors. Around 60pc of China's steel is consumed by construction projects, including real estate and infrastructure.
News ID: 2393 Publish Date : 2018/10/09
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