China’s 2022 crude steel output falls for second straight year

China’s crude steel output in 2022 fell by 2.1%, or 21.73 million mt, from 2021 to 1.013 billion mt, marking a second-successive annual decline, data from the National Bureau of Statistics showed Jan. 17. Some mill sources said China would continue to contain its steel production growth in 2023, which would lend support to the steel market as demand is…

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