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[Ferro-Alloys.com] The year-on-year increases in August were attributed mainly to a rise in commercial vehicle demand in the month, market sources said.

Commercial vehicle output surged 42.8% on year to 425,000 units in August, while sales rose 41.6% to 431,000 units, the CAAM data showed. This was despite commercial vehicle output falling 10% and sales falling 3.5% on a month-on-month basis.

Over January-August, vehicle output was down 9.6% on year at 14.43 million and sales down 9.7% at 14.55 million units. However the declines narrowed 2.2 and 3 percentage points, respectively, from January-July.

Commerce plans to roll out a new online platform for SIMA Oct. 13.

"The updated SIMA will offer free, modern data analytic tools to the public for performing detailed, customized data analysis," Commerce said. "These tools will aid in the identification of changing trade patterns and surges in U.S. imports of steel products, as well as potential circumvention and evasion."

Click here for more information: Ferrosilicon Daily Express 9.22

 

• [Editor:kangmingfei]