China’s Steel Consumption to Increase 2% on Year in 2020: CISA

China’s finished steel consumption will increase 2% on the year to 889.8 million mt in 2020, driven by demand from construction sector, according to China Iron & Steel Association estimates released last week.

The total steel consumption rose by 6% on the year in 2019 to 875.3 million mt, according to CISA.

Steel market sources considered a further…