China's steel demand expected to fall 1.5% in 2025 due to greener practices and trade issues.

A conference in Shanghai from December 5th to 7th, 2024, discussed China's steel market outlook for 2025, expecting a 1.5% drop in demand to 850 million metric tons due to greener practices and trade challenges. Despite a recent 4.3% production drop, China's steel sector has been stable, with exports up 22.6% and iron ore prices robust, suggesting the industry is not as weak as perceived.

3 months ago
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