China in January -August reduced the production of steel by 2.8% compared to the same period a year earlier - to 671.81 million tons, the country's state statistical administration reports.
in particular, in August the production of steel decreased by 0.7% in annual terms and amounted to 77.37 million tons, which is the lowest level since December. The decline was recorded for the third month in a row.
the production of cast iron in eight months decreased by 1.1% to 579.1 million tons. In particular, in August, production amounted to 69.79 million tons, which is 1% more than in the same month a year earlier.
