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Asian Highlights

机译：亚洲亮点

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Market strength in China has faded further this month, continuing the trend seen since the New Year. Weakness in the key automotive and construction markets has hit demand hard. With stocks still at high levels, despite a desire to bring them down, mills have become more focused in reducing output. Production discipline is being openly discussed by all the big players, with many slowing capacity for the second month running. Prices have been pushed down, both on the weak fundamentals, but also on lower nickelcosts. Elsewhere, the situation is not as weak, with production in Japan and to a lesser extent in South Korea being well matched to production.Net exports from China have fallen to almost nothing. Both as global demand remains weak, but also as Chinese material's price advantage is reduced. Nonetheless, Brazil is looking at possible anti-dumping duties for Chinese and other countries' material.
机译：本月中国市场的力量进一步减弱，延续了新年以来的趋势。主要汽车和建筑市场的疲软严重打击了需求。由于库存仍处于高水平，尽管有降低库存的愿望，但钢厂已更加专注于减少产量。所有大型企业都在公开讨论生产纪律，许多企业第二个月的产能正在放缓。不仅是由于基本面疲软，而且由于镍成本较低，价格都被压低。在其他地方，情况并不那么糟糕，日本的生产与韩国的生产在某种程度上与生产非常匹配。中国的净出口几乎没有下降。不仅因为全球需求仍然疲软，而且因为中国材料的价格优势降低。尽管如此，巴西正在考虑对中国和其他国家的材料征收反倾销税。

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