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Moody predicts that Chinese stainless steel demand of 2013 will increase 2% - 4%

2016-05-17

According to report, the world’s famous rating agency Moody has expected the Chinese stainless steel demand of 2013. It predicts the Chinese stainless steel demand will be in a modest growth of 2% - 4%. Chinese stainless steel output and measure of consumption have already take up 70% of Asian’s. The imbalance between supply and demand effects Chinese Steel Industry. However, Moody predicts Chinese stainless steel supply and demand in 2013 is tending towards stability for it considers Chinese stainless steel consumption of 2013 will continue increase and capacity will fall after rise. 

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