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China's crude steel output slips for third month on production curbs

From channelnewsasia.com

China's crude steel production fell for a third straight month in August as Beijing maintained curbs on production to reduce carbon emissions, official data showed on Wednesday. The world's largest steel producer churned out 83.24 million tonnes of the metal last month, down 4.1per cent from July and well down on output of 94.85 million tonnes in August 2020, data from the National Bureau of Statistics (NBS) showed.That was the lowest monthly output since March 2020, not accounting for January and February data which the NBS combines. Average daily output of crude steel stood at 2.69 million tonnes in August, down ... (full story)

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