TechFinancial Postabout 12 hours ago
Chinese Steel Market Enters Long Plateau After Property Crash
1 min read
Chinese steel demand is declining gradually, not collapsing, as manufacturing and exports offset the property downturn. Output fell to 961 million tons, nearly 10% below the 2020 peak. Construction's share of steel demand dropped to 49% from 58% in 2020.
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