CHINA STEEL MARKET INSIGHT: Holiday effect distorts outlook

Growth in the Chinese manufacturing sector slowed significantly in the first two months of 2018, and coupled with falling figures for car and house sales the outlook would appear to be far from positive.

With a large portion of the year so far having been taken up by official holidays, however, the overall health of China’s economy is clearly distorted right now, so it is difficult to draw any clear conclusions about the year ahead. Iron ore prices, meanwhile, have edged upward in...


Tony Pettengell

March 05, 2018

16:48 GMT