China’s crude steel output largely flat in June

China’s crude steel output was largely flat on a year-on-year basis in June, as mills maintained production rates to ensure their cash flow is not disrupted in the face of falling steel prices.

The country produced 68.95 million tonnes of crude steel last month, down a marginal 0.8% year-on-year, according to data released by the National Bureau of Statistics (NBS) on Wednesday July...


Della Fu

July 15, 2015

05:52 GMT