China Seen Churning Out Most Steel Ever

6 Μαΐ 2016

China, maker of half the world’s steel, probably boosted production to a record in April as mills fired up furnaces and domestic prices surged to 19-month highs, according to Sanford C. Bernstein & Co. Average daily output may have eclipsed the previous high of about 2.31 million metric tons in June 2014, said Paul Gait, a senior analyst in London.

   Producers ramped up supply as demand rebounded and prices jumped as much as 69 percent from their November low, generating the best margins since 2009.

Share on:

Δεν υπάρχουν σχόλια:

Copyright © Onus News - All Rights Reserved
Developed by Onus News