CAIXIN BRIEFS

Energy Insider: Steel Prices Rise as Production Limits Tighten

Published: Sep. 14, 2021 1:31 a.m. GMT+8

00:00

00:00/00:00

Listen to this article 1x

In today’s Caixin energy news wrap: China’s monthly new-energy vehicle sales set record in August; Tesla raises Model Y price 2.6% in China; battery makers bet big on next generation of car batteries

Steel prices rise as localities tighten output limits

East China’s Jiangsu province restricted steel production amid a nationwide campaign to reduce energy consumption and pollution, leading to a surge in steel prices last week. Despite weaker-than-expected demand from construction, steel prices are expected to continue rising, according to industry information portal Mysteel.com.

Register to read this article for free.

Register

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Powerful Quake Strikes Off Japan

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

China Business Uncovered Podcast: Brazil’s ‘Very Chinese Moment’

00:00

00:00/00:00

MOST POPULAR

1: Luckin-Backer Centurium Capital to Buy Blue Bottle Coffee From Nestlé

2: Two Sessions: With 4.5%-5% Growth Target, China Aims to Create Space for Reform

3: China Business Uncovered Podcast: Brazil’s ‘Very Chinese Moment’

4: Cover Story: How China’s Growing Gig Economy Has Left a Generation Adrift

5: First Tanker Crosses Strait of Hormuz Since Iran’s Closure Threat

SPONSORED

OR