Tag: China: Hot metal output may dip in Dec’24 amid tepid steel consumption

Declining profitability hits output Seasonal declines expected in Dec Mysteel Global: After experiencing mild increases in November 2024, daily hot metal production among the 247 Chinese blast-furnace (BF) steelmakers Mysteel regularly tracks is predicted to decline to an average of 2.33 million tonnes (mnt) in December, as tepid steel consumption is seen sapping the mills’…