Stronger than expected floor space starts in China in October indicates demand for steel from the property construction sector could be stronger than anticipted in early 2020.

Daily output in October fell by 4.7% on the month to 2.63 million mt/day, which annualized at 959.83 million mt.

The top 20 positions increased and decreased varied, the purchase volume is less than the holding position.

Nickel price trend on November 19th

Stronger than expected floor space starts in China in October indicates demand for steel from the property construction sector could be stronger than anticipted in early 2020.

Top 20 positions increased and decreased varied, the purchase volume is more than the holding position.

Exports to the US fell significantly in that period, amid the 25% Section 232 tariff.

Over the past three years, Tata Steel has been spending close to GBP120 million/year maintaining Port Talbot.