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China’s steel output expected to drop in 2020 after infrastructure, real estate boom led to record 2019

Summary:
[unable to retrieve full-text content]China’s crude steel output in 2020 is expected to ease from a record high in 2019, a government consultancy said on Thursday.The world’s top steel producer is expected to produce 981 million tonnes of crude steel in 2020 and 988 million tonnes in 2019, according to Li Xinchuang, president of the China Metallurgical Industry Planning and Research Institute.Steel demand in China is expected to fall 0.6 per cent year-on-year to 881 million tonnes in 2020, but rise 7.3 per cent to 886 million in…

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[unable to retrieve full-text content]
China’s crude steel output in 2020 is expected to ease from a record high in 2019, a government consultancy said on Thursday.The world’s top steel producer is expected to produce 981 million tonnes of crude steel in 2020 and 988 million tonnes in 2019, according to Li Xinchuang, president of the China Metallurgical Industry Planning and Research Institute.Steel demand in China is expected to fall 0.6 per cent year-on-year to 881 million tonnes in 2020, but rise 7.3 per cent to 886 million in…
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