India is the second-largest steel-producing nation, as it manufactured 100.3 MT steel in 2020 and China produced 1 064.7 MT of steel in the same year. China recorded a 3 per cent decline to 1 032.8 MT in 2021.
United Nations Conference on Trade and Development is an intergovernmental organisation, established in 1964 in Geneva, Switzerland, with an aim to promote trade among developing countries.
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