China's steel industry is expected to keep growing in 2021

  • Thursday, December 24, 2020
  • Source:ferro-alloys.com

  • Keywords:China crude steel output
[Fellow]China's crude steel output is likely to rise to 1.1bn t in 2021 to meet demand.

[Ferro-Alloys.comChina's steel industry is expected to keep growing in 2021. China is on pace to produce 1.05bn t of crude steel in 2020 after raising output by 5.5pc to 961.16mn t through November to meet record demand following its rapid control of the Covid-19 outbreak and sustained policy support for housing, infrastructure and manufacturing.

China's crude steel output is likely to rise to 1.1bn t in 2021 to meet demand from exports and domestic manufacturing and construction projects, supported by government stimulus measures, market participants said.

Click here for more information: Ferrosilicon Daily Express 12.24

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  • [Editor:kangmingfei]

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