Tag: China: 4 among top 7 steel producing provinces show decline in Jan-Apr’24

Largest producer Hebei sees 3% output decline y-o-y High inventories, tight margins support output cuts Will rising steel prices keep production firm in May? Morning Brief: Four amongst China’s top seven steel-producing provinces showed a y-o-y decline in January-April, 2024, reveals data maintained with BigMint. Overall, volumes dropped 4% to 342 million tonnes (mnt) in…