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Steel market cool to China's efforts to heat economy

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Platts World Steel Review

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Listen: Steel market cool to China's efforts to heat economy

China's manufacturing sector is in contraction, pulled down by weak consumer segments. Flat steel prices have fallen by around 17% since late August. After spending much of last year deleveraging and tightening up liquidity, Q4 2018 slowed markedly and Beijing is now introducing measures designed to boost economic growth. Will the measures help support the steel market? Why have the Chinese stopped buying cars and fridges? S&P Global Platts senior managing editor Paul Bartholomew examines the market with senior China steel analyst Zhang Jing on this latest podcast.

Steel Markets Daily

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