Tag: Aug’16
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China’s Crude Steel Output up by 3% in Aug’16
Amidst strong conviction that China’s steel output is headed for contraction, country’s crude steel output has reported an increase of 2.6% in Aug’16 against previous month. The same is recorded at 68.57 MnT in Aug’16 against 66.80 MnT in Jul’16. This signals that the production cuts that has happened in Jul’16 was just a temporary…