 These steel numbers are a reminder of how China is an utter Goliath of global metals consumption. Its an uncertain time for Chinas economy but Worldsteel forecasts that steel demand in 2022 fell 4.0 yy and is expected to be flat in 2023.Whats staggering is that a 4.0 decline in China output is 38 million tonnes from 952 mT to 914 mT; while that is a drop in the bucket domestically, its equivalent to 38 of US production or all of Germany steel production.Aside fr... 