Tag: China’s crude steel production up 2% y-o-y in 2M 2024 (Jan-Feb)

China, despite maintaining a flat crude steel production trend for the full year of 2023 at 1,019 million tonnes (mnt), has seen a slight uptrend yet again. NBS data maintained with BigMint shows that crude steel production rose 1.60% over January-February, 2024 to almost 168 mnt. This slight increase surprised markets as the expectation was…