China steel output logs 3d monthly drop

Oct 19, 2011 | 07:03 PM |

Tags  China, crude steel, steel market

SHANGHAI, China — China’s crude steel output fell for a third consecutive month in September in response to a softening market.

Crude steel production averaged 1.89 million tonnes per day last month, down 0.3 percent from August but still 16.5 percent higher than in September last year, according to China’s National Bureau of Statistics, and traders said that output will probably fall further in October.....

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