14
May
12:58
China’s steel demand tops out in April
China produced 69.42 million tonnes of crude steel in April, up 0.5% year-on-year, according to the National Bureau of Statistics (NBS). That puts apparent steel consumption up again from March but still down y-o-y, Kallanish calculates.
China has now produced 261.42mt of crude steel over January-April this year, still -2.3% less than in 2015. In fact, output so far this year is down -3.2% from reported output over the same period of 2015, suggesting NBS is cont…
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Anonymous
Very good overview of the weekly steel market.
Anonymous