Tag: margin squeeze

Four out of seven key provinces see decline Consumption decline higher than output fall Steeper iron ore prices further dent margins Morning Brief: China’s crude steel production, after rising 1.6% y-o-y over January-February, 2024, fell back. Volumes dropped slightly by 5 mnt or 2% to 257 million tonnes (mnt) over January-March, 2024 (Q1CY’24) compared to…