China’s steel sector will see an improved performance in the second half of 2014, as government stimulus measures and financial controls take effect, according to a key industry executive.
This is indicated in the recent price indexes -the China Iron Ore Price Index (CIOPI) climbed by 1.16 points or 0.36% week on week to 327.04 points as of August 4th, according to the latest statistics by the China Iron and Steel Association (CISA)..
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Sources: Yieh, Steel First
Siobhan R.// SMC Editor