Exports would recover slowly because of the global economic downturn, according to the newspaper.

The daily crude steel output stood at 1.93 million tonnes in early January, according to the China Iron and Steel Association.

German industrial orders rose in December, increasing by 3.2% on the month on a seasonally and calendar adjusted basis, the federal statistics office said on Monday.

The outlook for Brazil’s industrial machinery and equipment sector is positive, in part due to the construction segment, according to suppliers association Abimaq.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 140.7 million tonnes (Mt) in December 2022, a 10.8% decrease compared to December 2021.

OTTAWA--Canadian factory sales were flat in November as shipments of durable goods such as motor vehicles and fabricated metal products were offset by a fall in sales of non-durable goods including chemicals and petroleum and coal products.

Bank Indonesia (BI) expected full-year 2022 economic growth to be at 5.25% and for 2023 growth to slow to 5.03%, his presentation slide for a forum with provincial governments showed.

Mining production in Mexico is estimated to have remained flat in 2022, affected in part by the weakening of construction and the steel industry, according to the head of economics think tank IDIC, José Luis de la Cruz.