Cargill Stops Trading Steel in China After Years of Slowdown

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Cargill Inc,Mainland China,Steel Demand

(Bloomberg) -- Commodities giant Cargill Inc. has ceased its steel trading business in mainland China, after years of struggling with slower activity amid...

-- Commodities giant Cargill Inc. has ceased its steel trading business in mainland China, after years of struggling with slower activity amid the country’s property-led downturn.Krugman Says China Is ‘Bizarrely Unwilling’ to Boost Demand

China’s protracted property crisis has ended two decades of rapid growth in the nation’s steel demand, and commodities traders have suffered from much tighter liquidity. Cargill eliminated nine positions in its steel trading unit in November 2022. I Became Friends With A White Woman. Then 1 Cringeworthy Conversation Changed Our Relationship Forever.

 

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