U.S. Markets close in 5 hrs 17 mins

Will Pollution Curbs Underpin China’s Steel Prices Going Forward?

Annie Gilroy
Will Pollution Curbs Underpin China’s Steel Prices Going Forward?

Can Iron Ore Catch a Bid amid China’s Wobbly Growth Outlook? As we learned in the previous article, bumper margins have prompted Chinese steel mills to continue increasing their output. In 2017, Chinese steel prices rose ~30%, and they’ve remained buoyant this year.