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13 May
14:02

Fitch expects higher Q2 Chinese steel output

Fitch Ratings expects Chinese steel production to increase in the second quarter of 2024 as construction demand rises following warmer weather. Output of steel and aluminium is likely to rise more than that of cement as steelmakers are encouraged by higher profits, Kallanish learns from Fitch's latest report released on 13 May. The company said that China's crude steel output fell on-year in the first quarter as cold weather lowered demand and increa…
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