STEEL
Global crude steel production increased by 2.6% year-on-year to 151.7-million tonnes in August, the World Steel Association (worldsteel) reports. According to the data, which was released on Tuesday, China’s crude steel production for August was 80.3-million tonnes, an increase of 2.7% compared with August 2017. India produced 8.8-million tonnes of crude steel, while Japan also produced 8.8-million tonnes of crude steel in August, representing increases of 3.7% and 0.9% respectively, compared with August 2017.
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