Tag: Sep’19
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Does a drop in China’s Steel Output indicate Tepid Domestic Demand?
In a recently released data for Sep’19, China’s monthly crude steel output have slid to a six-month low. The total output plunged by 5.4% M-o-M basis from 87.3 million tonnes in August to 82.8 MnT, the lowest level since March. However, does this indicates slow down in country’s steel demand or the production curbs introduced…