Luo Tiejun, vice president of the China Iron & Steel Association (CISA), stated that the steel industry weakened in terms of demand for the January-July period, while production and consumption decreased by 6.5%. China said that steel demand is expected to recover by 3% for the period after July this year.
China's steel demand expected to increase
Luo Tiejun, vice president of the China Iron & Steel Association (CISA), announced that Chinese steel demand may increase for the period after July this year.
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