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Wednesday 22 May 2013

China Metals Report Q3 2013

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China Metals Report Q3 2013
May 22nd 2013, 00:00

BMI View: The metals industry in China will be facing a period of steady decline in demand and supplygrowth over the coming years. We believe the boom years of Chinese investment-led growth are over andthis will seriously undermine growth of China''s metals industry, particularly steel and aluminium. Indeed,we expect the recent economic rebound in China to surrender to structural headwinds in H213.We believe the metals industry in China will be facing a period of steady decline in demand and supplygrowth between 2012 and 2017. On the demand side, we are expecting a sharp slowdown in Chinese fixedasset investment that will see a softening in demand across all industria...

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