Tag: china steel consumption
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China’s steel demand scenario in Jan-Aug’24: Trends and Projections
Horizon Insights: China’s steel products’ consumption rose marginally by 0.58% y-o-y from January to August, with the weakness in construction activities being partially offset by relatively healthy manufacturing and direct steel exports. Looking ahead, headwinds may emerge due to a continued contraction in domestic demand for manufactured goods and a decline in indirect exports. In…