China’s crude steel production falls 3.3%, y-o-y, in June

China’s crude steel production fell by 3.3% y-o-y to 90.73 mnt in Jun’22. Production dropped 6% m-o-m compared with 96.61 mnt in May, according to National Bureau of Statistics (NBS) data. The average daily crude steel output stood at 3.024 mnt in Jun, down 3% against May. In H1CY’22, crude steel output decreased by 6.5% y-o-y to 526.88 mnt.