BY CHUIN-WEI YAP
BEIJING?China's crude steel output may fall for the first time in 31 years this year, a senior industry analyst said Monday in a report also published on the state-backed China Iron and Steel Association's website.
China is the world's largest steel producer, accounting for half the world's output and serving as a bellwether for the pace of construction activity and global industrial demand.
"A significant decline in China's second-half steel output is a foregone conclusion," Xue Heping, senior analyst for China's Steelinfo consultancy, told Dow Jones Newswires.
Mr. Xue's projection, which he said was based on ...
BY CHUIN-WEI YAP
BEIJING?China's crude steel output may fall for the first time in 31 years this year, a senior industry analyst said Monday in a report also published on the state-backed China Iron and Steel Association's website.
China is the world's largest steel producer, accounting for half the world's output and serving as a bellwether for the pace of construction activity and global industrial demand.
"A significant decline in China's second-half steel output is a foregone conclusion," Xue Heping, senior analyst for China's Steelinfo consultancy, told Dow Jones Newswires.
Mr. Xue's projection, which he said was based on ...
Source: http://online.wsj.com/article/SB10000872396390443792604577572172654239282.html?mod=rss_about_china
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