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02 Nov
07:46

Chinese stainless steel performance weakens in third quarter

In keeping with the overall steel market trend, restrictions on production reduced China's stainless steel output in the third quarter, Kallanish notes. Year-through-September stainless crude steel production posted an increase of 8.64% year-on-year, compared to 20.82% growth registered in the year to June and 36.38% in January-March. Nine-month output stood at 23.83 million tonnes, according to data from the Stainless Steel Council of Chinese Special Ste…
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