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.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 emissionsChina’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. Read MoreNews
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