11
Nov
10:30
Chinese steel output falls but not fast enough
China’s crude steel production rates barely declined at all in October, continuing to add pressure on steel prices. The latest data shows Chinese domestic demand essentially flat month-on-month but extending its year-on-year decline, Kallanish calculates.
China produced 66.12 million tonnes of crude steel in October, level from September, according to the National Bureau of Statistics (NBS). That puts daily output down -3.23% from September at 2.13m tonnes…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous