Fri, Sep 4, 2015
A A A
Welcome preal121
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 42229 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2015
S M T W T F S
« Aug    
 12345
6789101112
13141516171819
20212223242526
27282930