This is the basis for the more positive economic picture we forecasted in our 2021 Short Range Outlook (SRO), where steel demand is expected to recover to 1,795 Mt, an increase of 4.1 % over 2020.
Li Xinchuang, the secretary of the Party Committee and Chief Engineer of the Metallurgical Industry Planning and Research Institute, said at the Press Release on Steel Demand Forecasts of China's iron and steel in 2021 that China's crude steel production from ...
in 2019 China's crude steel output was 996.34 million tons, and the annual power consumption was 453.3 billion kwh. What’s more, the spontaneous power generation of iron and steel enterprises totaled 240.3 billion kwh, with an average self-generating rate bei...