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23 Nov
12:47

China drags output down again despite EU/US rise

Crude steel production in the 64 countries reporting to the World Steel Association (worldsteel) fell for a third consecutive month in October, by 10.6% on-year to 145.67 million tonnes. Production grew again in the EU and US, but lower Chinese output again dragged down overall numbers, Kallanish notes. On an on-month basis, global output was flat in October. Chinese crude steel production slumped 23% on-year in October to 71.58mt. Indian and Japan…
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