China can achieve steel output cut target this year, steelmakers’ profits more than doubled in first nine months – industry body

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Chinese steelmakers' net profit more than doubled in the first nine months of the year and the steel industry is able to achieve this year's production cut target, according to the China Iron and Steel Association (CISA), the country's largest steel industry body.

The country's average daily crude steel output fell 8.45 per cent in September from a month earlier to 2.46 million tonnes, according to earlier data released by . . .

 

 

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