SINGAPORE: Over halfway into 2017, China’s steel market has been the best performer among key Asian commodities because of cuts in low-grade steel production capacity that have reduced supply as demand has remained surprisingly strong.
However, oil markets have been the worst performer despite a pledge by global producers to cut supply in order to prop up prices.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!