Meng Wei, a spokeswoman for the NDRC, told a news briefing that the high comparison base last year is a key factor in this context.

Xu said that Baowu's demonstration project is the world's first long-process low-carbon metallurgy production project.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 161.0 million tonnes (Mt) in March 2022, a 5.8% decrease compared to March 2021.

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In the first quarter, the output of crude steel, pig iron and steel in China was 243.38 million tons, 200.91 million tons and 311.93 million tons respectively.

In March, the national coke output was 40.17 million tons, a year-on-year decrease of 1.1%.