Tag: China’s steel demand trends shifting. Know why?

Machinery, infra make inroads, construction falls Demographic changes impact consumption pattern Green transition to play key role in mid-to-long term Morning Brief: China has seen a phenomenal 50% growth in crude steel demand over 2010-2023. Currently, it manufactures more than half the world’s total steel output. Of the 1,888.2 million tonnes (mnt) produced in 2023,…