Tag: China’s crude steel production continues to fall in Jan-Aug’24; all eyes on latest stimulus measures

Slack domestic demand, decarb goals reduce output September sees restocking demand ahead of holidays Market cautious, awaits peak season steel performance Morning Brief: China’s crude steel production fell 3% over January-August, 2024 to 691 million tonnes (mnt) against 715 mnt seen in the same eight months in 2023, as per data NBS maintained with BigMint.…