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MNI BRIEF: China July Daily Crude Steel Output Down

MNI (BEIJING)

MNI (MNI (BEIJING)) - China’s daily crude steel output averaged 2.68 million tonnes in July, down 12.4% from June, according to Mysteel calculations based on official data released on Thursday.

Mills reduced output and increased maintenance to deal with falling profits caused by lower demand and prices, Mysteel said.

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MNI (MNI (BEIJING)) - China’s daily crude steel output averaged 2.68 million tonnes in July, down 12.4% from June, according to Mysteel calculations based on official data released on Thursday.

Mills reduced output and increased maintenance to deal with falling profits caused by lower demand and prices, Mysteel said.

Keep reading...Show less