Chinese crude steel output to top 500 million tonnes

Mr Luo Bingsheng, vice chairman of China Iron and Steel Association as saying that China's crude steel output would surely top 500 million tonnes this year.

In the first half, China produced 266.58 million tonnes of crude steel up 1.23% YoY.

In June alone, the daily output was about 1.65 million tonnes on average.

China produced 500 million tonnes of crude steel last year, accounting for 38% of the world total production volume.

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