Industrial gas major Linde has signed two agreements with China South Steel, a member of one of the world’s largest steel enterprises, China Baowu Steel Group Corporation.
SMM Review of Chinese Steel Scrap Market Supply and Demand and the Prospect | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
[crude steel output continues to decline in 2022 and the steel price center is expected to stabilize.] on December 15, the Metallurgical Industry Planning and Research Institute released a report predicting that China's crude steel output will be 1.04 billion tons and 1.017 billion tons respectively from 2021 to 2022, down 2.3% and 2.2% respectively from the same period last year. Corresponding pig iron production, iron ore imports and so on will decline. Looking forward to 2022, the strictly prohibited new production capacity will still be the bottom line, and the overall supply and demand of steel will decline steadily.