China Steel_ Takeaways from call with steel trader - Potential Supply Reform
-·2024-12-05 02:58
Flash | 02 Dec 2024 10:28:27 ET │ 8 pages China Steel Takeaways from call with steel trader – Potential Supply Reform CITI'S TAKE We hosted an industry call on the iron ore and steel market on 2nd Dec. Mr. NIU Wei, Investment Director at Huishi Asset Management, attended the meeting. Mr. Niu sees a potential supply reform in a differentiated manner likely in 2H25E. He is cautiously optimistic on steel export next year, as China's steel mills still have the cost competitiveness vs overseas players. The confe ...