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27 Aug
16:38

Slowing Chinese output curtails global growth, Vietnam surges

World crude steel production for the 64 countries reporting to the World Steel Association increased 1.7% on-year in July to 156.7 million tonnes, Kallanish learns from worldsteel. Growth thus slowed from 4.6% in June and 5.4% in May. Although slowing from double-digit growth, Chinese production still increased 5% in July to 85.2mt, while Indian output rose only 1.7% to 9.2mt. Japanese and South Korean output fell -0.4% and -2.1% respectively to 8.4mt …
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