China Steel Mills' Margins Remain Thin: Macquarie's Zhao

The video discusses the economic slowdown and its impact on demand, particularly in the commodities sector, with a focus on the second quarter of the year. It highlights the challenges faced by the steel industry, including thin margins and high production levels. The conversation also covers speculation about China's potential stimulus measures, such as loosening mortgage restrictions and boosting consumption in key industries, to counteract the economic slowdown.

What is the current state of the steel industry in relation to demand and production levels?

In what ways has the market reacted to the speculation of stimulus measures from China?