Author: Sakeena Rizvi
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China: Hot metal output to decline again in Jan’25 amid waning demand
Poor profit margins impact winter restocking Dec sees 40 BFs taken offline, 18 brought back Chinese integrated steelmakers reined in hot metal production in December through maintenance stoppages on their blast furnaces (BF), mainly in response to waning demand for steel from end-users. Given the ongoing winter lull for steel consumption, the production reduction among…