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China’s steel production falls in late Sep but markets remain wary of actual levels

October 10, 2023 Comments Off

China’s daily pig iron and crude steel output for Sept. 21-30 decreased 4.3% and 3.1% from Sept. 11-20 to 2.335 million mt and 2.692 million mt, respectively, data from the China Iron & Steel Association showed Oct. 10. However, several mill and trading sources told S&P Global Commodity Insights that the output level could have remained higher than reported by…