Advertisement
Canada markets open in 2 hours 56 minutes
  • S&P/TSX

    22,375.83
    +116.63 (+0.52%)
     
  • S&P 500

    5,214.08
    +26.41 (+0.51%)
     
  • DOW

    39,387.76
    +331.36 (+0.85%)
     
  • CAD/USD

    0.7309
    -0.0002 (-0.03%)
     
  • CRUDE OIL

    79.82
    +0.56 (+0.71%)
     
  • Bitcoin CAD

    86,264.71
    +2,802.45 (+3.36%)
     
  • CMC Crypto 200

    1,303.61
    -54.40 (-4.01%)
     
  • GOLD FUTURES

    2,382.00
    +41.70 (+1.78%)
     
  • RUSSELL 2000

    2,073.63
    +18.49 (+0.90%)
     
  • 10-Yr Bond

    4.4490
    -0.0430 (-0.96%)
     
  • NASDAQ futures

    18,291.50
    +77.00 (+0.42%)
     
  • VOLATILITY

    12.81
    +0.12 (+0.95%)
     
  • FTSE

    8,455.20
    +73.85 (+0.88%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • CAD/EUR

    0.6777
    -0.0001 (-0.01%)
     

What China’s Steel Demand Indicators Say

What China’s Steel Demand Indicators Say

China (FXI) is the world’s largest steel consumer. Therefore, to gauge the outlook for iron ore, it’s vital to look at China’s steel demand indicators. The real estate and automotive sectors are the two largest steel end consumers in China. In this part, we’ll discuss these factors in more detail.