Tag: China: Dec output must not exceed 95 mn t to meet CY’21 targets

Data for the first half (H1) reveals that China’s output cut pressure in H2 is tremendous. The State Bureau of Statistics shows that the crude steel output during Jan-Jun’21 was 563.326 mn t, up 59.121 mn t y-o-y. The output reduction target set by key provinces was 26 mn t. From July till end-December, each…