In commodities news, Macquarie's China steel sector survey for July shows improved sentiment across 40 steel mills, 30 steel traders & 30 iron ore traders...
Livewire News
Livewire
In commodities news, Macquarie's China steel sector survey for July shows improved sentiment across 40 steel mills, 30 steel traders & 30 iron ore traders interviewed. The broker also notes that base metals tracked Asian equities lower on Monday after China issued an ultra-urgent notice of a nationwide audit of local government debt. Furthermore, latest high frequency CISA data says Chinese daily crude steel production was 2.13mt in the mid 10 days of July, up 2.3% from the previous 10 days.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
2 topics
Livewire News
Livewire
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise
Livewire News
Livewire
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise
Comments
Comments
Sign In or Join Free to comment