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CISA Mills Steel Output Slows in Late August

Steel

 From a multi-year high of 1.92 Mt in the period 11-20 August, daily crude steel output at China Iron and Steel Association member mills slipped to 1.85 Mt in the last eleven days of the month, according to data from the industry association reported by sxcoal. Nevertheless, although below the exceptionally strong production levels reported in recent months, this was still well above the year-ago level of 1.68 Mt/day.