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Chinese stimulus to real estate checks steel price slide, worries persist

Business Standard LogoBusiness Standard9h ago

Chinese stimulus to real estate checks steel price slide, worries persist - Business Standard

Quick Summary:

Another major steel producer said it was imperative for India to take action on imports.“Otherwise, India will become a dumping ground because surplus steel from the rest of the world will flow into the country, as other economies are still facing challenges.

China’s stimulus to the property market has arrested the fall in steel prices.

Steel prices had been on a downward trend, and experts agree that China’s stimulus has boosted global sentiment.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-16 @ 13:35:52 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 647 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 23084191

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 346 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Chinese stimulus to real estate checks steel price slide, worries persist" was covered 9 hours ago by Business Standard, a news publisher based in India.

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It's most recent story was published 3 hours ago.

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