Tag: China’s crude steel production rise by 2.9% y-o-y in Oct’24 amid improving domestic demand

Stimulus shots boosts demand, margins Steel exports increase healthy 41% y-o-y China’s crude steel production in October 2024 stood at 81.88 million tonnes (mnt), reflecting a 2.9% rise compared to 79.09 mnt in October 2023, as per data from the National Bureau of Statistics (NBS). Moreover, the same increased by 6% m-o-m against 77.07 mnt…