Tag: China’s steel consumption to rise 0.6% in 2023

China’s apparent consumption of crude steel is expected to edge up by 5.97 million tonnes or 0.6% on year to 973.9 million tonnes in 2023, Mysteel predicts in its newly-published forecast for the domestic steel market for this year. The country’s largest steel-consuming sector, property, is expected to recover gradually in 2023, and its drag…