Author: Ankit Tamrakar
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China: Crude steel output up m-o-m in May’24 as demand, exports rise
China’s crude steel production for May 2024 increased by 8.1% m-o-m to 92.86 million tonnes (mnt) as compared to 85.94 mnt in April 2024, as per data provided by the National Bureau of Statistics (NBS). The main reason for the monthly increase is decent domestic demand and strong exports. Moreover, the same edged up by…