Nowhere is this better illustrated than in the steel sector. Rapid recovery in production is already under way inside China – contrasted with deep contractions elsewhere in the world – and is set to escalate the rancour that has raged across the global steel market for decades.
China’s steel conundrum – similar to the challenges it faces in coal, cars and a wide range of other industrial products – is by default a world problem, given its size. It leaves its leaders with an awkward dilemma.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
