Tag: China’s crude steel production rises 5.6% y-o-y in Jan-Feb’23

China’s crude steel production rose by 5.6% on the year to 168.7 million tonnes (mnt) during January-February 2023, as per data from National Bureau of Statistics (NBS). The national average daily crude steel output stood at 2.859 mnt during the period, up 13.8% from last year. Factors driving production growth: 1. Increase in capacity utilisation:…