Chinese crude steel output increased to all time high in July

According to provisional datsaa publushed by the National Bureau of Statistics, ​Chinese steel production increased to all-time high at 74m tonnes in July, up 1.1% m-o-m and up 10.8% y-o-y. This takes the steel output to 493m tonnes over the Jan.-July period, up 24.5m tonnes or 5.2% y-o-y. 
Source: NBS

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