Chinese steel exports booming, but here’s why that won’t last

Quick Summary:

China’s steel exports have exploded higher.

History suggests it can’t last.

Unless Beijing rips up its current playbook and decides to re-inflate the housing market or splurge on infrastructure, then steel consumption in China is in long-term decline.

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Article Details

Author / Journalist: Katharine Gemmell, Yihui Xie & Andy Lin | Bloomberg

Category: BusinessStartups

Markets: PhilippinesChinaIndiaJapanSouth KoreaVietnam

Topics: Market Exports Chinese Steel Trade Countries South Year Last Mills China

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 16:03:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 798 words

Reading Time: 5 minutes read

Sentences: 40 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23767246

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 39 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 9 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #37

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