China's new stimulus gets tepid response from steel sector

China's latest consumption-focused stimulus attempts to drive downstream demand for steel products, but reception in the steelmaking industry has been lukewarm, sources in China told Fastmarkets.

China's National Development and Reform Commission (NDRC) on Monday July 31 said that the Chinese government was attempting to bolster the economy by removing state-level restrictions on car purchase limits,...


Jessica Zong

Alice Li

Jessica Long

Norman Fong

Tina Tong

August 02, 2023

09:14 GMT

Shanghai, Singapore