Falling China Crude Steel Production In May Leads To Market Speculation That Production Restrictions Might Ease In The Short Term  

Telah Terbit: Jun 16, 2023 15:51
Sumber: SMM
SHANGHAI, Jun 16 (SMM) – Crude steel production showed a year-on-year and month-on-month decline in May, leading to market speculation that the pressure on crude steel production restrictions would ease in the short term.

SHANGHAI, Jun 16 (SMM) – Crude steel production showed a year-on-year and month-on-month decline in May, leading to market speculation that the pressure on crude steel production restrictions would ease in the short term.

Considering that a national meeting will be held on June 20, iron ore futures prices will still be subject to macro changes and may hover at highs next week.


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Falling China Crude Steel Production In May Leads To Market Speculation That Production Restrictions Might Ease In The Short Term   - Shanghai Metals Market (SMM)