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09 May

CISA members boost steel production to eight-month high

China Iron & Steel Association (CISA) member steelmakers continued to boost steel production in late April, although output was still down on-year, Kallanish notes. Daily crude steel output of CISA members in late April rose 3.8% from ten days earlier to nearly 2.2 million tonnes, the highest level since late August last year. However, the figure was still 0.33% lower year-on-year. For the whole month of April, daily output grew 3.2% from the previous month t…
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