Market Insights
Top news, commentary and analysis on the China steel and other commodities markets.
Sales of heavy-duty trucks in China from makers direct to dealers including for export maintained steady growth in May, with the volume last month approaching 103,000 units, higher by 16% on year, though lower by 12% from April.
Construction steel prices in China will likely come under downward pressure this month, mainly driven by sluggish end-user demand over the upcoming summer off-season, according to Mysteel's latest monthly report on the sector.
Chinese steel products have faced intensified trade scrutiny, as multiple economies stepped up defensive measures against Chinese steel exports, according to Ministry of Commerce monitoring.
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