3 Policy Changes that May Affect How You Buy Steel from China
cumic2021
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  • Reads 2
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  • Parts 1
  • Time 6m
cumic2021
Ongoing, First published May 24, 2023
chinacoldpricesrolledsteel
https://www.cumic.com/3-Policy-Changes-Steel-China.html

1. Chinese Govt Efforts to china cold rolled steel prices

Since early this year, due to multiple factors, some commodities have seen an extended price rally, with the China's steel prices hitting records. For this reason, since May, the Chinese government has been ramping up measures to curb soaring prices in a bid to ensure market stability and discourage speculation and irregularities. Some abnormal market transactions such as price gouging and hoarding have been dealt with to the full extent of the law and brought to light.
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