China's raft of automotive stimulus may not boost flat steel prices - sources

China has rolled out a raft of measures to stimulate automobile consumption as part of its efforts to prop up an economy battered by Covid-19 resurgences since March.

But the support to steel prices, or flat steel, looks set to be limited, given the relatively small part the automotive sector plays in the country’s overall steel consumption, and...

Published

Zihuan Pan

May 31, 2022

08:22 GMT

Shanghai