Improved supply-demand balance to boost margins for APAC steel producers: Fitch report

New Delhi [India], November 1 (ANI): Asia-Pacific (APAC) steel producers are poised for positive developments as an improving supply-demand balance promises to widen industry margins, aided by declining costs for essential raw materials, According to a report by Fitch Ratings.

Chinese steel consumption has remained steady, with a flat year-on-year performance in 9M23. This stability is attributed to robust investments in