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2021 in Review: Ten highlights in China's steel industry


2021 was undoubtedly a year full of surprises, where China's crude steel output declined on-year for the first time in five years and where Chinese steel prices hit historical highs under the twin thrusts of improved domestic and overseas market conditions.
In the past year, China's central government acted more proactively to help maintain domestic commodity supply and price stability, and steel mills rolled out ambitious plans for carbon reduction amid the global drive towards peak carbon and carbon neutral. Below we summarize the ten highlights of the Chinese steel industry


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