Tag: China’s crude steel output drops to 5-year low in CY’24. Has production plateaued? – BigMint analysis

Realty sector woes choke steel demand Mills’ profit margins halve as prices tumble Steel mills facing brunt of rising global protectionism Morning Brief: China’s crude steel production shrank 2% y-o-y to 1,005 million tonnes (mnt)-1.005 billion tonnes (bnt)-in CY’24 against 1,020 mnt in CY’23, according to data maintained with BigMint. Notably, although output stood at…