The demand for flat steel products is expected to increase in 2024, due to growth in the energy sector on the back of China’s decarbonization efforts and the country’s leading position in the shipbuilding sector, China Minmetals Economic Research Institute’s chief researcher Zuo Geng said. Zuo was speaking at the 13th China Steel Logistics Summit Forum held by the China Federation of Logistics & Purchasing’s Steel Logistics Professional Committee and trading service platform Zall Steel in Shanghai on Friday. Steel consumption in the energy, shipbuilding and transportation sectors is projected to rise by between 3.9% ... (full story)