The China Iron and Steel Association (CISA) is forecasting a 4% decline in Chinese steel production for 2025.
This projection is influenced by the shift away from infrastructure-heavy development and government policies aimed at reducing carbon emissions
China’s steel production has been on a downward trajectory since 2021, when Beijing began imposing annual growth caps to limit carbon emissions.
This article was written by Eamonn Sheridan at www.forexlive.com.