Steel stocks jump on industry association promises
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
On Friday, the China Iron and Steel Association (CISA) announced it is formulating new policy recommendations for the troubled steel sector (Bloomberg).
Steelmakers’ stock prices jumped as much as 24% in response.
ICYDK: Chinese steelmakers are under growing financial strain from falling prop...