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20 Jan
00:00

Chinas domestic steel consumption dips 3.35% in 2014

China’s apparent domestic consumption fell by 3.3% year-on-year in 2014, Kallanish calculates from official statistics. However, revisions to official data are likely to mean the decline was slower. Kallanish calculates domestic apparent consumption (crude steel production, compensated for yield loss during rolling and then for net exports) at 702.22 million tonnes in 2014. Using the latest official figures from the National Bureau of St…
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