NBS: China's 2024 crude steel output down 1.7% on year

China's total crude steel output for full-year 2024 posted an on-year fall of 1.7% to reach 1.005 billion tonnes, according to the latest release by the country's National Bureau of Statistics (NBS) on Friday morning.

For December alone, the country produced 75.97 million tonnes of crude steel, rising by 11.8% on year, the NBS data showed. However, the volume was 3.1% lower compared with November, though December has one more day, Mysteel Global noted. On a daily basis, crude steel output averaged 2.45 million