Re-organising China’s steel industry faces competing forces – economic and social

China’s steel industry is the largest in the world and a key consumer of Australian commodity exports. The industry has been suffering in recent times due to excess capacity, weak profitability and its role in the air pollution crisis, prompting Government plans to rationalise the sector and demolish plants. However the steel industry’s importance in local economies means that achieving this goal is easier said than done.

For further analysis download the full report.
China Economic Comment – May 2014 (PDF,146KB)