Tag: China’s sector-wise steel demand
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China’s sector-wise steel demand projected at 959 mn t in CY’22
According to China Iron and Steel Association (CISA), China witnessed a drop in steel production to an estimated 1.03 billion tonnes (bn t) in CY’21 from 1.065 bn t in 2020. It is estimated that the demand for steel in the national construction industry in CY’22 will be about 551 mn t, a slight decrease…