Steel in China- No Government Capacity Shutdown

CHINA - Healthcare, Steel, Autos, Education, Research From Beijing

Scott Laprise/ 乐天虎

CHINA - Healthcare, Steel, Autos, Education

Thematic (Sector/Industry)

China Metals and mining / Thematic (Sector/Industry)

I was interviewed by the Financial Times yesterday on this issue that has been around for the past 10 years since I started as a Chinese Steel analyst at CLSA. In my previous note on steel, we went through in detail why steel capacity cuts by the government have never happened, <a href="https://www.smartkarma.com/insights/Steel%20in%20China-%20No%20Government%20Capacity%20Shutdown%20Read%20more:%20https:/www.smartkarma.com/insights/steel-in-china-no-government-capacity-shutdown" target="_blank">you can get it here</a>. Investor's need to be wary of this issue as many tend to believe that this time it is really going to happen.What is missing from all the talk is a PLAN. If we see the government come out with a clear…

I was interviewed by the Financial Times yesterday on this issue that has been around for the past 10 years since I started as a Chinese Steel analyst at CLSA. In my previous note on steel, we went through in detail why steel capacity cuts by the government have never happened, you can get it here. Investor's need to be wary of this issue as many tend to believe that this time it is really going to happen.What is missing from all the talk is a PLAN. If we see the government come out with a clear…

China Steel - More Talk on Steel Cuts - Not Going to Happen