Chinese steel production statistics are pointing to modest 2014 output growth. March and May have been the two months when Chinese steel production has...

John Robertson

PortfolioDirect

Chinese steel production statistics are pointing to modest 2014 output growth. March and May have been the two months when Chinese steel production has reached its intra-year peak in recent years. Based on that pattern and without assuming any additional policy steps to raise the economic growth trajectory, the Chinese steel production statistics are suggesting a small increase in 2014 output. The data displayed in the chart are drawn from the monthly production statistics published by the World Steel Association last week.


John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...

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