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China’s crude steel output rises in early August

According to data released by the China Iron & Steel Association, the daily crude steel production of the 156 major steelmakers averaged at 1.82 million tonnes in early August, rising by 3.6% from the previous 11 days.

As of August 10th, the inventory of finished steel at the 156 major mills totaled 14.57 million tons, rising by 3.4% from July 31st.

Source – yieh

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