Wed, Oct 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Trends more

What Next for Commodities?

Posted on 09 May 2014

China’s economy consumes more steel per unit of gross domestic product than anywhere else, but the emerging market is slowing down spending. The transition of China’s economy from a largely investment driven to consumption driven is underway. Production of steel in China in 2013 grew at a heady 9.3% to virtually match output from the rest of the world combined. China consumes almost half of the world’s steel.
This is outsized relative to other commodities and additional strong growth from this high base will be challenging. Pushing the fixed-asset investment model further, risks future economic shocks. China’s economy consumes more steel per unit of gross domestic product than anywhere else………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37214 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031