The first half of 2024 in China’s steel and economic sectors reveals that the Crude steel production amounted to 531 million tonnes, reflecting a 1% decrease compared to the previous year, while pig iron production declined by 4% to 436 million tonnes. Steel exports notably surged by 24% to reach 53 million tonnes, contrasting with a minor 3% decrease in steel imports, which totaled 3.6 million tonnes. Iron ore imports, however, increased by 6% to 611 million tonnes. The coal production sector saw a 2% decline to 2,270 million tonnes, while coal imports rose by 13% to reach 250 million tonnes. Cement production notably fell by 10% to 851 million tonnes, and automobile production experienced a 5% increase, reaching 13.89 million units.
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