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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Planned Reduction of China’s Steel Sector in 2018

March, 06 2017
watermark Economic news

China aims to reduce its oversupply in the steel sector for next year according to the National Development and Reform Commission (NDRC) Vice Chairman Ning JIzhe during a news discussion on Monday. They intend to lessen the quantity of steel by 50 million tons as well as the coal production greater than 150 million tons for the year following their state planner work report mentioned during the beginning of the annual parliament meeting.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.