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Steel's Stark Slump: Sino-Centric Sector Suffers Setback

The World Steel Association reported global crude steel production fell 6.5% to 147.3 million metric tons in January 2026. China's significant 13.9% decline to 75.3 million metric tons drove the global decrease. India achieved remarkable 10.5% growth to 15.1 million metric tons, while Germany recorded exceptional 15.0% increase. The data reflects shifting global production patterns amid environmental policies & economic restructuring.

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