2021: China's steel industry expected to remain stable with steady growth amid pandemic recovery and 5% annual GDP target.
China's steel industry is expected to remain stable this year with steady growth, as the country recovers from the pandemic and works towards a 5% annual GDP growth target. This is supported by the recovery in downstream demand, increased fixed-asset investments, and government-subsidized housing initiatives. The decline in steel demand from the real estate sector may also narrow this year.
May 13, 2024
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