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U.S. Metals: Balancing A Constructive Domestic Macro Environment Against China Risks

2016-03-11 21:25:26| Steel - Topix.net

In their US Metals & Mining Industry report, Credit Suisse's Curt Woodworth mentioned that the US macro outlook remained "supportive," with strong medium-term growth potential in both automotive and non-residential construction. Apart from China macro risks, the market has grown increasingly concerned about US demand trends, after the significant volume weakness witnessed in the back half of 2015 and softer micro data-points across energy, industrial and commercial construction markets.

Tags: china environment domestic risks

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