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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

JANUARY 7, 2024

New Delhi: China is expected to amplify its stimulus efforts next year, potentially boosting demand for metals, with copper consumption forecasted to rise, the Commodity Outlook Report 2024 by ICICIDirect said in a report.

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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

APRIL 30, 2023

Expectations for increased demand for industrial materials were further dampened by the failure of the National People’s Congress in March to come up with a major real estate stimulus package. China’s crude steel production minus steel consumption in January-March was about 27.14

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