Tag: China.steel
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China’s steel demand for real estate use may fall 6-8 mnt in 2023
During 2023, China’s steel demand for real estate development is expected to fall by 6-8 million tonnes on year to 315-317 million tonnes, given the weak demand for housing, according to Mysteel’s latest report released on November 29. Next year, the total area of newly-launched projects is expected to shrink by 3% on year, while…