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Tangshan research trip takeaways
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During 13-15 November, Monica Wang, Associate, Steel and Iron Ore Markets, went on a research trip to Tangshan, the largest steel-producing hub in northern China. In Tangshan, she spoke with key integrated steel producers, billet warehouse managers, steel and iron ore traders. At this critical time when production restrictions for the 2019-20 winter season are imminent, in this five-minute video, Monica discusses her key findings from the trip: • Production restrictions: how will they impact steel mills? • Steel prices: can the price rally continue in December and into 2020? • Scrap consumption: will it rise or fall?
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