OpenAI CFO Sarah Friar says the ChatGPT maker may raise more capital even after completing what she described as the largest private fundraising round ever. She speaks with Caroline Hyde on Bloomberg Television. (Source: Bloomberg)
OpenAI CFO Sarah Friar says the ChatGPT maker may raise more capital even after completing what she described as the largest private fundraising round ever. She speaks with Caroline Hyde on Bloomberg Television. (Source: Bloomberg)
不只是中国的高度白酒不好卖,海外烈酒市场可能更“冷”。 据Soul Just So Soul发布的《Z世代饮酒生活方式报告》,国内偏好40度以上的烈酒(如威士忌、伏特加、白酒)的受众仅有17.82%。更多人转向了低度酒饮,0.5-8度的低度酒日常受众最广,达到38.75%。 图片出处:Soul研究院 Z世代饮酒生活方式报告 这并非中国特色,大洋彼岸的美国市场也同样面临挑战。IWSR Bevtrac...
China’s steel mill profitability has climbed to the highest since August, according to data from consultancy Mysteel, although questions remain over how long the improvement can last. Some 64% of mills are profitable, Mysteel said in a weekly survey of 247 plants. That’s only the second time those levels have been exceeded since October 2024. The improving outlook in the world’s biggest steel mark...
China’s steel mill profitability has climbed to the highest since August, according to data from consultancy Mysteel, although questions remain over how long the improvement can last. Some 64% of mills are profitable, Mysteel said in a weekly survey of 247 plants. That’s only the second time those levels have been exceeded since October 2024. The improving outlook in the world’s biggest steel market is being driven by solid downstream consumption, constrained supply due to environmental curbs and mill maintenance, and strengthening exports since April as overseas steel mills raised prices, according to Mysteel. The rebound marks a rare bright spot for China’s steel sector, which has struggled with weak domestic demand, oversupply and persistent margin pressure over the past years. Still, analysts cautioned that the recovery may prove short-lived. “It will not last too long, because fundamentally it is being driven by the domestic versus overseas price gap and a mismatch in supply and demand, rather than by genuinely booming demand pushing profits higher,” said Steven Yu , a researcher at Mysteel. Weak demand will keep margins at steel mills suppressed through most of 2026, HSBC Holdings Plc analysts said in a research note on Thursday. “Policy-led supply discipline may stabilize margins by late 2026, but enforcement slippage could push back the inflection,” they said. Iron ore prices , meanwhile, have remained supported amid resilient steel production levels. They have also been propped up by higher freight costs due to the conflict in the Middle East. Futures fell 0.9% to $109.60 a ton in Singapore as of 11:12 a.m. local time, extending its retreat from a 19-month high reached earlier this week. Yuan-priced futures on the Dalian Exchange and Shanghai steel contracts also dropped. Separately, dry bulk freight rates — heavily anchored to the iron ore market — rose to the highest since December 2023, according to the Baltic Dry Exchange reading in London on Thursday.