Monthly Industry Briefings > Monthly Industry Forecasts > Basic Metals - Oxford Economics Global Industry Forecasts

Monthly Industry Briefings > Monthly Industry Forecasts > Basic Metals

Monthly Industry Briefings > Monthly Industry Forecasts > Basic Metals - Oxford Economics Global Industry Forecasts
Monthly Industry Briefings > Monthly Industry Forecasts > Basic Metals
Published Mar 28, 2014
3 pages — Published Mar 28, 2014
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Abstract:

The default of a Chinese steel mill, Haixin Steel, underscores Beijings resolve to limit growth in energy-intensive sectors such as steel and aluminium many investors had assumed the authorities would bail out the company. Both aluminium smelters and steel mills are facing tighter credit conditions as Chinese banks scale back lending to these sectors. The impact on production is evident with crude steel output in the January-February period, rising only 1.7% year-on-year compared to a rise of over 6% in Q42013. Data can be volatile, however, and we believe this sharp slowdown is still consistent with our 3% growth forecast for crude steel production in 2014.

  
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Document ID
266413
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Oxford Economics Global Industry Forecasts—Oxford Economics Global Industry Forecasts provides country industry forecasts, monthly industry briefings, quarterly industry forecast tables, monthly industry data tables, and an industry databank.

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MLA:
Oxford Economics Global Industry Forecasts. "Monthly Industry Briefings > Monthly Industry Forecasts > Basic Metals" Mar 28, 2014. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/storecontent/Oxford-Economics-Global-Industry-Forecasts/Monthly-Industry-Briefings-gt-Monthly-Industry-Forecasts-gt-Basic-Metals-2112-1606>
  
APA:
Oxford Economics Global Industry Forecasts. (2014). Monthly Industry Briefings > Monthly Industry Forecasts > Basic Metals Mar 28, 2014. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Global-Industry-Forecasts/Monthly-Industry-Briefings-gt-Monthly-Industry-Forecasts-gt-Basic-Metals-2112-1606>
  
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