Tag: China Crude Steel Production
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China: Crude steel production drops 1.5% y-o-y in january-february 2025
China’s cumulative crude steel production for January and February 2025 stood at 166.3 million tonnes (mnt), a marginal drop by 1.5% y-o-y against 167.95 mnt in January and February 2024, as per data from the National Bureau of Statistics (NBS). Highlights Domestic Market Sentiments: China’s steel market continues to grapple with persistent oversupply and sluggish…