15
Jun
05:35
Production reduction hits China's May crude steel output
The production reduction of Chinese steel mills had a significant impact on crude steel output in May. The performance of the steel market remained weak during the same period, implying that more production reductions would be necessary to sustain a market recovery, Kallanish notes.
According to data released by the National Bureau of Statistics (NBS) on Thursday, China's crude steel production in May this year fell by 7.3% year-on-year to 90.12 million tonnes…
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Anonymous
Very good overview of the weekly steel market.
Anonymous