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Asian Highlights

机译:亚洲亮点

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摘要

Growth in China may be slowed by anti-inflation action, but it could still add demand faster than steel production will grow this year. While steel buyers remain convinced that supply will soon catch up with demand and that there could even be small surpluses in some products, supply might at first become tighter; progress with China's capacity closure and restructuring programme may be erratic. Traded and domestic prices are set to rise at least until the fourth quarter. A return to market balance and a decline to more moderate prices, but not a price collapse, still look likely in the fourth quarter.
机译:中国的增长可能会因抗通胀行动而放缓,但仍可能以比今年钢铁产量增长快的速度增加需求。尽管钢铁购买者仍然坚信供应将很快追上需求,甚至某些产品甚至会有少量的过剩,但起初供应可能会变得紧张。中国产能关闭和重组计划的进展可能不稳定。贸易价格和国内价格将至少在第四季度之前上涨。在第四季度似乎仍可能恢复市场平衡,价格下降至较温和的水平,但不会出现价格暴跌的情况。

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