Demand for green home appliances set to carry China's steel industry

A burgeoning of environmentally friendly – or green – products in the home appliances sector will boost demand for steel in China for the rest of 2023 amid country’s decarbonization drive and stimulus measures, market participants told Fastmarkets.

Steel demand from this sector of the economy has held up in recent months and trading remains active, traders said.

Mill sources in northern China told Fastmarkets that domestic orders...


Zihuan Pan

September 05, 2023

10:49 GMT