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29 Mar

China’s 2023 steel consumption, trade to decline: MPI

Annual steel consumption and cross-border trade of Chinese steel are expected to decline this year compared with 2022, China Metallurgical Industry Planning and Research Institute president Fan Tiejun said at the Kallanish Asia Steel Markets 2023 conference in Ho Chi Minh City on Wednesday. As for future Chinese steel trends, Fan expects growth in new energy sectors, such as new energy vehicles (NEVs) and wind power, and in some traditional industries such as stee…
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