Output falls predicted in key steel producing nations

摘要

Germany's steel federation says it expects the country's crude steel production in 2016 to slip by 3%to 41.5 Mt, after decreasing 0.2% in 2015, while high volumes of cheap Chinese imports will putpressure on prices."The steel industry around the world is in a crisis from which the German industry cannot extractitself," federation president Juergen Kerkhoff said at a news conference.