CHINA - Healthcare, Steel, Autos, Education, Research From Beijing

Scott Laprise/ 乐天虎

CHINA - Healthcare, Steel, Autos, Education

Equity Bottom-Up

Maanshan Iron & Steel H / Equity Bottom-Up

<ul><li>This is our new monthly series to look at steel demand as a proxy for the Chinese economy.</li><li>We look at steel inventories and how they have changed since our last visit We look at steel prices in China and how they have changed.</li><li>We explain why the newsflow on steel is wrong and why you need to read our monthly on the ground steel reports.</li><li>We found very different activity this year compared to any other post-Chinese New Year.</li><li>We will give you our views on the stocks and what we see actually on the ground which is very different than what investors are reading in the news.</li></ul>

This is our new monthly series to look at steel demand as a proxy for the Chinese economy.We look at steel inventories and how they have changed since our last visit We look at steel prices in China and how they have changed.We explain why the newsflow on steel is wrong and why you need to read our monthly on the ground steel reports.We found very different activity this year compared to any other post-Chinese New Year.We will give you our views on the stocks and what we see actually on the ground which is very different than what investors are reading in the news.

Maanshan Iron & Steel H

CHINA Steel Trader Visit - 3rd Visit