European companies active in steel production, mining and car manufacturing may start moving after the figures about China’s industry. The data showed that industrial activity in the world’s second economy continued to improve in November.
In Amsterdam, for example, the ArcelorMittal steel group and stainless steel manufacturer Aperam can show clear price movements. Elsewhere in Europe, major miners such as Rio Tinto, BHP and Glencore and car producers such as Volkswagen, BMW and Daimler can be involved. They are sensitive to developments in the Chinese economy.
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