Steel is one of those basic building blocks that a growing economy consumes. That’s why I was very interested to see that monthly steel production in China hit a new all-time high in August to 51.65 million tons, a 21% year-over-year increase.
Either the Chinese steel producers are dead wrong about the demand for steel….or their customers are ordering steel like crazy. Which do you think?
Related Posts
- No slowdown for Chinese steel industry (08/06/08)
- Japan steel output falls 18% (10/19/09)
- Chinese industrial production up 16% (06/16/08)
- China Cement IPO skyrockets (05/21/08)
- Mitubishi ramps up production (08/18/09)
{ 1 comment… read it below or add one }
I still don’t get the benefit of comments on these pages that were first posted a year ago!
It is very confusing, and misleading if you don’t realize it was posted in ‘08 instead of yesterday.
Cliff Dunn 10/13/09