China’s steel mill owners in bad mood as demand hits

Beijing commodities advisor Simon Wu mentioned metal mill homeowners in components of China are in a foul temper. Metal shares are slowly accumulating in warehouses of the nation’s largest steelmaking hub, the northeastern metropolis of Tangshan, in addition to in Jiangsu and Shandong provinces, mentioned mill homeowners Luo, a senior marketing consultant at Wooden Mackenzie. … Read more

China’s real estate problems have pushed the debt index to a record high

Mounted asset funding knowledge for the primary 5 months of 2022 confirmed a decline in actual property funding on a bigger scale than throughout the first 4 months of the 12 months. Pictured right here on Could 16, a growth in Huai’an Metropolis, east China’s Jiangsu Province. CFOTO | Future Publishing | Getty Photos Score … Read more