China’s Jan-Sept apparent steel consumption down 6.2% y/y

BEIJING (Reuters) – China’s apparent steel consumption in the first three quarters of 2024 slid 6.2% year-on-year to 688 million metric tons, the state-backed China Iron and Steel Association (CISA) told reporters on Friday.

China’s crude steel output for the same period slipped 3.6% on the year to 768.48 million tons, official data showed last week.

(Reporting by Amy Lv and Mei Mei Chu; Editing by Tom Hogue)

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