Post-Lunar New Year saw a reversal of the doom and gloom experienced by most of the global steel market as China’s restocking took on epic proportions, propelled in large part by buoyant futures market sentiment. Prices rose, raw materials followed, the good times were back… or so it seemed (though no one really believed it). A glance at the May data for this year and last shows remarkable similarities in domestic and export steel prices, production and export levels. Back to the future. Sentiment, on the other hand, is way gloomier now than it was this time last year. Perhaps this is due to the realization that, given the slowing economy, the stronger market was always going to be short-lived; a pleasant illusion while it lasted - much like China’s capacity reduction plans.
Sentiment Bleak as Chinese Mills Face Tough Second Half of 2016
Facial Recognition Regulation Grows Amid Privacy Concerns
How Smart Beta Strategies Work in the Chinese Market
Considering the Risk from Future Carbon Prices
COP24 Special Edition Shining A Light On Climate Finance