Take Your Trading To The Next Level. Get Started Here!

China’s steel output retreats in mid-Sep, but decline seen too modest

September 26, 2023 Comments Off

China’s daily crude steel output fell slightly in mid-September, according to China Iron & Steel Association data, but overall, September output could still be higher than in August, market sources said Sept. 25. While steel output is expected to remain relatively elevated in the near term, end-user demand is likely to come under pressure due to a slowing property sector,…