Richard Lu joined CRU's Beijing office in 2015, following ten years in commodities trade and industry research, and specialises in the analysis of Chinese steel metallics and long products markets.
Richard is a contributor to CRU's Monitors and Outlooks, as well as the China Steel Service.
Richard holds an MBA and a Bachelor of Economics, and is a candidate of the Chinese Institute of Certified Public Accountants.
The Chinese steel value chain suffered great losses in late-2015 due to structural over-capacity. The government has since conducted a ‘supply-side’ reform by eliminating...