>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<
China’s crude steel output declined in August at a faster pace in August after posting the first drop this year in July amid China’s national campaign to reduce steel production.
China churned out 83.24 million tonnes of crude steel in August, falling 13.2 per cent from a year earlier, accelerating by 4.8 percentage points from the previous month, according to data released by the National Bureau of Statistics on Wednesday.
That's the biggest monthly drop so far this year after crude steel output declined 8.4 per cent year . . .
Sign In or Subscribe To Get Full Access.
Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.
Follow China Market In The Most Efficient Way!
Sign Up For Free Weekly China Market Highlights HERE!