A worker walks past a pile of steel pipe products at the yard of a steel pipe plant in Tangshan, Hebei province. The city is China’s steel production capital. Photo: Reuters
A worker walks past a pile of steel pipe products at the yard of a steel pipe plant in Tangshan, Hebei province. The city is China’s steel production capital. Photo: Reuters

China’s steel prices up over 15pc in rare rally after Beijing vows more easing measures to boost growth

But it remains to be seen if the thawing steel market reflects a broader economic recovery, analysts say

Topic |   China economy
A worker walks past a pile of steel pipe products at the yard of a steel pipe plant in Tangshan, Hebei province. The city is China’s steel production capital. Photo: Reuters
A worker walks past a pile of steel pipe products at the yard of a steel pipe plant in Tangshan, Hebei province. The city is China’s steel production capital. Photo: Reuters
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