Tag: 200 series
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China’s stainless steel production hits new high in April’24 despite demand, price pressure
China, the world’s largest stainless steel producer and consumer, witnessed rising production in April after a surge in March. However, demand and the prices continued to remain under pressure. In April, China’s crude stainless steel production continued to rise, reaching a new high since September, totalling 3.22 million tonnes (mnt), up 64,100 tonnes (t) or…