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Crude steel output reached its..........>

CHINA PRESS
CHINA PRESS: Crude steel output reached its highest level in years in July as
mills increased production because of  rising prices, the Securities Daily
reported Tuesday. Statistics from the China Iron and Steel Association, an
industrial organization, showed that output grew 10.27% to 6.89 million tons,
the highest in recent years. Steel prices continue to rise with the reduction of
production overcapacity. But as environmental regulations are tightened, some
regions will take measures to limit output, so the rapid growth will not last
long, the report argued. (Securities Daily)

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