Search Results
Synopsis: Russia’s leading finance university, this report examines the ongoing revolution in scrap metal usage in China We expect this source of metal, as well as China’s slowing economy, to add serious pressure on metal o Revolution is on: Chinese scrap fed steelmaking grew 194% in 2016-19 o Base metals catching up: Al /Cu accumulated scrap +35%/+8% o Trend continues as metals used in China’s growth boom in ‘00s become ore and coal prices at c50% o Steel prices should follow due to cost relief, with c27% downside o China
Categories: Macro, FX & Rates, Economic policy research, Russia, Turkey, China, South Korea, India, US, Japan, Eurozone
Synopsis: Meanwhile, global concerns associated with the ongoing trade war between the US and China and negative
Categories: Poland, Czech Republic, Hungary, Romania, Ukraine, Belarus, Mexico, Brazil, Argentina, Chile, Venezuela, China
Description: the first decade of this century marks the rise in importance of the recycled materials, primarily in China In particular, scrap share in China steel production should rise from the current 10% to 30-40% within
Synopsis: Russia’s leading finance university, this report examines the ongoing revolution in scrap metal usage in China We expect this source of metal, as well as China’s slowing economy, to add serious pressure on metal o Revolution is on: Chinese scrap fed steelmaking grew 194% in 2016-19 o Base metals catching up: Al /Cu accumulated scrap +35%/+8% o Trend continues as metals used in China’s growth boom in ‘00s become ore and coal prices at c50% o Steel prices should follow due to cost relief, with c27% downside o China
Synopsis: Meanwhile, global concerns associated with the ongoing trade war between the US and China and negative