Demand in China’s domestic market weakened last month amid bad weather - heavy rain in some regions and sweltering heat in most of the country - which was a major contributing factor for July’s lower steel production in comparison with
that in June.
For instance, the newly construction starts totaled 1.26 billion square meters in the January-July period, up 9.5% from the corresponding months of last year. But this year-on-year growth...
