China steel and economic data 2M 2024 (Jan-Feb)

Performance of China’s key economic indicators improved over January-February, 2024, reveals National Bureau of Statistics data maintained with BigMint. Crude steel surprised markets, while iron ore benefitted from it. Exports sustained their uptrend amid the still struggling realty sector. It may be noted that China releases combined data for January and February every year to iron out any inconsistencies that may arise from the lull seen during the week-long Lunar New Year holidays, which fall at different times in the first two months of the year.