Crude steel output at China’s five major hubs declined amid production cut campaign, weaker demand

THE WIRE - Up-to-the-minute news updates walk you through every trading day!

Crude steel output in China's five major steelmaking hubs declined in July from a year earlier amid the government campaign to cut steel output, the Covid-19 resurgence and weaker demand in a traditional low season.

Crude steel output in Hebei province, the country's largest steelmaking hub, dropped 19.5 per cent in July from a year earlier to 18.13 million tonnes, according to data compiled by Mysteel consultancy.

In the other four biggest steelmaking provinces - Jiangsu, Shandong, Liaoning and Shanxi, crude steel output last month stood at 10.14 million tonnes . . .




Yuan Talks builds the fastest and most comprehensive China business news wire.  We put all market-moving news and views in one place. You will never again be left in the dark when market moves. 

Start for free

One-click cancel any time!