News Headline Summary

China Jan-Sep crude steel apparent comsumption up 0.65% on year, according to CISA

- Smaller mills Jan-Sep output rose 18.6% on year.
- Steel demand likely to improve in Q4 on stimulus.
- China Steel Association says financing costs for large steel mills in Jan-Sep period up 29% on year; Rally in domestic steel prices faces growing headwinds.

13 Nov 2012 - 21:12 - - Source: CISA

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: