China's Sept crude steel output hits four-year low

摘要

China's crude steel output in September fell to the lowest level since December 2017 with mills cutting production on tight power supply and Beijing's requirements to flatten steel output and exports for 2020. Crude steel output at 73.75mn t in September fell by 11.4pc from August and by 21.2pc on the year, the National Bureau of Statistics (NBS) said. The average output fell by 8.5pc to 2.46mn t/d from 2.69mn t/d in August and by 13.8pc from 2.8mn t/d in July.