SteelMint

Tag: May’16

  • China’s Crude Steel Production up by 1.5% M-o-M

    China’s Crude Steel Production up by 1.5% M-o-M

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    by

    Aditi Tiwari
    in

    In the latest numbers released by Chinese government, country’s crude steel output for May’16 is recorded at 70.5 MnT, up by 1.5% against Apr’16 and by 1.8% year-on-year basis. This increase in production can be contributed to sudden surge in steel prices post Chinese Lunar New Year holidays, thus leveraging Chinese steel mills to increase…