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The recent slowdown in China's steel industry, driven by weakened demand in construction and manufacturing.
The recent slowdown in China's steel industry, driven by weakened demand in construction and manufacturing. However, it notes the sector's resilience, as production levels remain substantial and government support for infrastructure projects provides some stability. The analysis underscores the sector's pivotal role in China's economy and its ability to adapt despite challenges such as global market fluctuations and domestic economic pressures. Overall, the piece conveys a tempered outlook, acknowledging both headwinds and mitigating factors shaping the industry's trajectory.