WebJul 4, 2024 · China is likely to announce a 20 million 30 million mt, or 2 3% year on year, decline in its steel output cut target for 2024 in July, according to industry sources. WebJul 16, 2024 · The production of finished steel fell by 4.6% in the first half of the year, and pig iron – by 4.7%. In January-June 2024, Chinese plants reduced the production of …
China
Web1 day ago · - China is set to release a plan capping domestic steelmakers' output at 2024 levels, Bloomberg reported on Thursday. The move, which is expected this month, may help steel prices by reducing oversupply but could put pressure on mills that are already suffering from low profits, the report added. The planned cap is open to review in the second half … Web1 day ago · 783.00. CNY/MT. -10.50 -1.32%. China is set to release a plan that requires domestic steelmakers, who contribute more than half of global production, to keep this … biopharma technology ltd
China
WebDec 19, 2024 · Demand for homes is expected to ease further in 2024, hitting downstream manufacturers of household products. ... A government industry consultancy forecast … Web5 hours ago · China's plan to cap domestic steelmakers' output at 2024 levels added to such concerns, dragging down prices already pressured by lacklustre domestic steel demand … WebThe European steel industry is experiencing new challenges related to the market situation and climate policy. Experience from the period of pandemic restrictions and the effects of Russia’s armed invasion of Ukraine has given many countries a basis for including steel along with raw materials (coke, iron ore, electricity) in economic security products (CRMA). biopharma tracker