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Chinese CAS : China's Crude Steel Production is Expected to Decline in 2016

  • Tuesday, January 19, 2016
  • Source:ferro-alloys.com

  • Keywords:STEEL
[Fellow]According to Chinese Academy of Sciences during 2016 China's economic forecast Conference, said that China iron and steel industry will continue to maintain a low level in 2016
According to Chinese Academy of Sciences during 2016 China's economic forecast Conference, said that China iron and steel industry will continue to maintain a low level in 2016
 
CAS predicts that Chinese crude steel production is expected to reach 7.86 billion tons in 2016, 3.1% year on year. Those for steel production is expected to reach 1.111 billion tons, down by 1.5% year on year.
 
Currently, most important that China needs to solve the current overcapacity in steel industry, in order to improving the financial situation for steel industry.　
 
Article from Internet for Reference only
  • [Editor:Sophie]

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