China’s 2025 steel demand to fall 1.5% on year, state research institute says
China's steel consumption in 2024 and 2025 is forecast at 863 million metric tons and 850 million tons, respectively.
It is reported that Russian mining and steel producing company Evraz Group is going to build a new section rolling mill in southern Russia.
The production capacity of the mill is expected to be 450,000 tonnes of products per year.