Tag: China steel performance
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China Steel performance CY ’20 vs CY ’19
China produced 1.05 bn t (1,054.83 mn t) of crude steel in CY ’20, up by 6% from the previous high of 996.34 mn t last year. Output increased an account of robust domestic demand that was backed by the fiscal stimulus package announced earlier by the Chinese government. The country also witnessed iron ore…