In 2024, it is anticipated that China's consumption of hot-rolled flat products will continue its steady growth trajectory, reaching approximately 275 million tons with a 2.2% increase. Production of cold-rolled flat products is also expected to rise to 145 million tons, representing a 3.6% increase.
These forecasts are based on expectations of continued economic expansion in China, sustained infrastructure investments, recovery in manufacturing sectors such as automotive and appliances, and stability in commodity prices.
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