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China’s 2020 steel output, consumption to hit highest on record, said government think tank

Last updated on December 22, 2020

China's steel product consumption is expected to hit a new record high of 981 million tonnes this year, rising 9.6 per cent or about 100 million tonnes from last year, according to a report released by the China Metallurgical Industry Planning and Research Institute (MPI), a government think tank.

The country's crude steel output is estimated to reach 1.05 billion tonnes this year, also an all-time high, rising 5.4 per cent . . .

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