Quote on China Steel : China, as the biggest producer exporter and consumer of steel Says Dr. V K Vijayakumar, Geojit Financial Services
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Quote on China Steel, Iron ore prices dip on global macro headwinds By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services,
"China, as the biggest producer, exporter and consumer of steel, has an undue influence on steel prices. China's growth slowdown is serious. The property market crisis will certainly impact steel demand. At the same time, China is forced to step up exports to stimulate the economy. This is likely to drag down steel prices, going forward."
Above views are of the author and not of the website kindly read disclaimer
Tag News
Trend reversal in FPI investment from buying in last 3 months to selling in Sep
More News
Morning Note : Market Update and Key Stocks 11 November 2022 By Asit C Mehta Investment
