Economy
December 26, 2016
Written by Sandy Williams
China GDP is expected to slow to 6.5 percent next year and decline to 6.4 percent by third and fourth quarters.
A report released by the Chinese Academy of Social Sciences (CASS) said economic expansion is likely to dip next year due to declines in export demand, investment growth and domestic demand.
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To kick off the official sessions of the 2023 Steel Summit, Dr. Anirban Basu, chairman and CEO of the Sage Policy Group, focused on the broader context in which steel prices are set, outlining major factors currently shaping economic outcomes in our country.
Mexico has decided to implement import tariffs on a number of products, among them, steel.
As mortgage rates continue to rise and housing demand slows, builder confidence is waning. A drop in July housing starts was the first in seven months.
Economic activity in the US manufacturing sector contracted for the ninth month in a row in July, according to the latest report on business from the Institute for Supply Management (ISM).