Thursday, June 14, 2012

Chinese stimulus will be good for steel demand

According to a recent MEPS report, the thrust of the recent Chinese stimulus package will favour steel industry demand. Investment is to be increased by Government in infrastructure projects. Subsidies will also be given to the domestic appliance sector in order to produce more energy-efficient products. Funds are also being released to build two new major steel plants in the south of the country.


The main impact of the stimulus – which centers on expansion of investment in infrastructure - will be to provide a boost to the producers of long steel products – meaning reinforcing bars, wire rod and structural sections. The stimulus will thus cause a significant rise in Chinese steel demand.


For original MEPS report, visit

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Saturday, June 09, 2012

World steel production report

A world steel production report is published every month on our web site. This report describes the main changes in world steel output by region and country - each month. Visit world steel production report. Website:

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