Author: Admin Operation
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China’s construction steel output to fall 1% in 2023
Combined production of China’s two major construction steel products rebar and wire rod is expected to decline further this year, though the pace may slow to 1% or 4 million tonnes to reach 406 million tonnes in total, according to Mysteel’s newly-published forecast for construction steel for 2023. The dip compares with the 6.8% tumble…