Tag: China Crude Steel Output
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China: Crude steel output falls by 5% m-o-m in Nov ’20 on winter production cuts
China’s crude steel output in Nov ’20 was recorded at 87.7 mn t compared to 92.2 mn t in Oct ’20; registering a decline by 5%. Major factors that affected the output are as follows- Production curbs- Due to autumn-winter restrictions on production from Sep ’20 to March ‘21, mills have been unable to meet…