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China says steel output will be up around 4% this year

Views : 227
Update time : 2020-10-26 15:53:20

China Iron and Steel Association (CISA) briefing via Reuters, main points:

the association says it expects 2020 crude steel output to exceed 1 bln tonnes, up 3 to 5% y/y
expects 2020 steel products exports down about 15%
imports up about 60%
says steel firm members Q4 orders relatively full

 

CISA gives credit to government support/stimulus for the output gains expected. 
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