Tag: China continues to reduce overcapacity. Crude steel output dips 1% in Jan-Feb25

Slow domestic recovery warrants production cuts Focus on net zero compulsions, high quality steels Production may fall below 1 bt in by end of 2025 Morning Brief: China’s crude steel production fell a slight 1% y-o-y to 166 million tonnes (mnt) over the first two months of the current calendar of 2025, as per BigMint’s…