Posted on 16 Feb 2024
In 2023, China’s downstream consumption of hot-rolled flat-rolled products amounted to 268.7 million tons, increasing by 7.63% year on year. Among them, the main downstream industries of hot-rolled flat-rolled products focus on the field of cold-rolled products, machinery, construction steel structures, containers, steel pipes, automobiles, and home appliances. At the same period, the cold-rolled flat-rolled product output in 2023 was around 140 million tons, increasing by 6.69% year on year.
In 2024, China’s downstream consumption of hot-rolled flat-rolled products was forecasted to be about 275 million tons, increasing by 2.2% year on year. The cold-rolled flat-rolled products output was forecasted to be about 145 million tons, increasing by 3.6% year on year.
Source:Yieh
